Independent and Charter Schools
Ice Miller's independent K-12 and charter school finance lawyers have nationwide experience as bond counsel and underwriter's counsel. Clients of the firm include schools, underwriters, and issuers. We offer start-to-finish service on each aspect of every deal, including due diligence review and document drafting on the front end and post-issuance, as well as continuing disclosure support through the life of each transaction. Our specific services and experience in these areas include:
- 501(c)(3) revenue bonds
- Faith-based organizations, including schools
- Securities and disclosure
- Taxable bonds
- Underwriters
Over the years, our independent K-12 school finance lawyers have assisted dozens of independent K-12 schools with creative tax-exempt financings. We have significant experience with the state and federal constitutional hurdles to overcome for faith-based school financings and have utilized multi-state and national bond issuers to finance many schools without a local issuer option.
Our charter school finance lawyers help finance individual charter schools, multiple schools with a single 501(c)(3) sponsor, and systems of charter schools under common management (including management by nonprofit and for-profit education management organizations (EMOs)). Our lawyers appreciate the significant and varied state law considerations in charter school financings and our experience with rated, unrated, and start-up school borrowers gives us particular insight to the disclosure responsibilities unique to the charter school market.