Four Brown & Wood bond lawyers join Stradling, Yocca, Carlson & Rauth.NEWPORT BEACH Newport Beach, residential and resort city (1990 pop. 66,643), Orange co., S Calif., on Newport Bay and the Pacific Ocean; inc. 1906. It is a popular seaside resort and yachting center. Manufactures include electrical and medical equipment, computers, boats, and adhesives. , Calif.--(BUSINESS WIRE)--Sept. 19, 1996--Four members of Brown & Wood's California municipal finance law practice have joined the law firm of Stradling, Yocca, Carlson & Rauth, effective Oct. 1. David Casnocha, Russ Miller and Sean Tierney, previously based in Northern California Northern California, sometimes referred to as NorCal, is the northern portion of the U.S. state of California. The region contains the San Francisco Bay Area, the state capital, Sacramento; as well as the substantial natural beauty of the redwood forests, the northern will open a San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden office for Stradling, Yocca. Casnocha will manage the Northern California office. Doug Brown, previously based in Los Angeles, will be resident in the firm's Southern California office. Casnocha, Brown and Miller will become shareholders in the Stradling, Yocca firm and Tierney will join as a senior associate. "We are very pleased to have such fine professionals join our firm and Stradling, Yocca looks forward to their participation in the expansion of our geographic and practice diversity," Bob Whalen, head of Stradling, Yocca, Carlson & Rauth's public finance department said. "Clearly we are in an excellent position to serve all areas of the California municipal finance industry." The addition of the new attorneys gives Stradling, Yocca one of the largest public finance departments in California with 13 lawyers specializing in this area. "These individuals complement our existing public finance practice and position us to serve local issuers in all municipal finance capacities into the next decade," Whalen said. Casnocha has practiced municipal bond law since 1977. His varied practice has emphasized governmental activity transactions for school districts, cities, counties, redevelopment agencies and other special districts. He is considered an expert in school general obligation bonds and certificates of participation as well as pooled tax and revenue anticipation financings. Casnocha is also counsel to several banks in their capacity as letter-of-credit issuers on tax-exempt financings. "Stradling, Yocca has, historically, been a powerful asset to local issuers and I am excited to now be affiliated with the firm," Casnocha said. "Stradling, Yocca's longstanding commitment to public law and local issuers will also give the Northern California office strong support in building the practice in these areas." Casnocha holds a bachelor's degree from Claremont Men's College and is a 1976 graduate of the Cornell University Law School. Brown has a statewide disclosure and water district infrastructure finance practice. He holds a bachelor's degree from Princeton University and is a 1982 graduate of the Columbia University Law School. Miller specializes in Section 103 tax matters, not-for-profit financings and student loan financings. He holds a bachelor's degree from the University of Southern California The U.S. News & World Report ranked USC 27th among all universities in the United States in its 2008 ranking of "America's Best Colleges", also designating it as one of the "most selective universities" for admitting 8,634 of the almost 34,000 who applied for freshman admission and he received a law degree from Santa Clara University in 1984 with an L.L.M. in tax from New York University New York University, mainly in New York City; coeducational; chartered 1831, opened 1832 as the Univ. of the City of New York, renamed 1896. It comprises 13 schools and colleges, maintaining 4 main centers (including the Medical Center) in the city, as well as the . Tierney has specialized in general municipal financing, disclosure issues, revenue-based project financing Project financing A form of asset-based financing in which a firm finances a discrete set of assets on a stand-alone basis. and lease financings for various units of local government. Tierney holds a bachelor's degree from Columbia University and is a 1988 graduate of the University of California The University of California has a combined student body of more than 191,000 students, over 1,340,000 living alumni, and a combined systemwide and campus endowment of just over $7.3 billion (8th largest in the United States). at Los Angeles Law School. Stradling, Yocca, Carlson & Rauth is a full service business law firm of approximately 85 attorneys, specializing in municipal finance, corporate, corporate securities, litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. , labor law labor law, legislation dealing with human beings in their capacity as workers or wage earners. The Industrial Revolution, by introducing the machine and factory production, greatly expanded the class of workers dependent on wages as their source of income. , health care and estate planning Estate Planning The overall planning of a person's wealth, including the preparation of a will and the planning of taxes after the individual's death. Notes: Contrary to popular belief, estate planning involves much more than preparing a will, and it is not only for the law. The firms' public law department has 22 attorneys. In 1995, the firm ranked among the top three bond counsel firms in California and the top 15 in the country, in terms of dollar volume. The firm expects to raise its ranking in municipal finance practice with the addition of the former Brown & Wood lawyers. CONTACT: Stradling, Yocca, Carlson & Rauth, Newport Beach E. Kurt Yeager/Bob Whalen, 714/725-4000 |
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