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Best Best & Krieger LLP (BBK) attorneys Jennifer Bradlee, Matthew Cody, Albert Maldonado, Hannah Park, Jin Hee Park, Derra Purnell, Andrew Saghian, Ryan Stager and Holland Stewart have been selected to join the firm’s partnership effective January 1, 2026. In addition, the Partnership elected Lutfi Kharuf and re-elected Scott Ditfurth as members of the firm’s Executive Committee, effective immediately.
Premium Must Be Used for Debt Service Repayment Until recently, there has been uncertainty surrounding premium generated from new money school district general obligation bonds – can the premium be used to pay certain costs of issuing such bonds? The answer is “no” according to the California attorney general’s newly issued Opinion No. 14-202, which comes in response to a request for clarity on the matter.
Public Agencies Should Immediately Review Continuing Disclosure Agreements for Any Publicly Offered Municipal Securities Issuers of publicly offered municipal securities — including bonds, certificates of participation, notes and other forms of indebtedness — are required to disclose financial and operating information on an annual basis for as long as those securities are outstanding.
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