Governor Pataki Re-Appoints Mintz Levin Attorney Jonathan Ballan as Chairman of the Municipal Assistance Corporation; Also Appointed to the Board of the New York Public Asset Fund.BOSTON -- Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. today announced that Jonathan Ballan, a Member of the firm's New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of office, was confirmed by the New York State Senate The New York State Senate is one of two houses in the New York State Legislature and has members each elected to two-year terms. The state Constitution provides that the default membership be fifty members. to remain as Chairman of the Municipal Assistance Corporation for the City of New York, following his re-appointment by Governor George Pataki George Elmer Pataki (born June 24, 1945) is an American politician who was the 57th Governor of New York serving from January 1995 until January 1, 2007. He is a member of the Republican Party and was seen as a possible 2000 and 2008 Presidential candidate. . Mr. Ballan has been Chairman of the Municipal Assistance Corporation since 2000. In addition, the Governor recently appointed Mr. Ballan to serve on the board of the New York Public Asset Fund. The 5-person board manages the assets received by the State from the conversion of the not-for-profit Empire Blue Cross Blue Shield Blue Shield A US not-for-profit health care insurer that is a reimbursement intermediary for physicians. Cf Blue Cross. into the for-profit company named WellChoice. The Fund owns approximately 62% of WellChoice, which holding will be equal to approximately $5 billion following the upcoming completion of the scheduled merger between WellChoice and WellPoint. The merged company will be the largest health insurer in the nation. "We congratulate Jon on being named to these prestigious appointments," said Robert I. Bodian, Managing Member of Mintz Levin's New York office. "It is a testament to Jon's abilities that he has been chosen to continue to serve the State of New York. This is a great honor for both Jon and the firm." Mr. Ballan is head of the firm's New York Public Finance Group, where his practice involves municipal finance, public authority finance, economic development, project finance, government relations and privatization privatization: see nationalization. privatization Transfer of government services or assets to the private sector. State-owned assets may be sold to private owners, or statutory restrictions on competition between privately and publicly owned . Mr. Ballan has broad experience developing innovative legal structures for numerous state and local bond issuers and investment bankers, including the Liberty Bond issuance structure adopted by the State of New York. He has served as bond counsel, underwriter's counsel, borrower's counsel, developer's counsel and trustee counsel for tax exempt and taxable transactions in various specialties, including solid waste, water, wastewater, housing, education, not-for-profit, loan securitization Securitization The process of creating a financial instrument by combining other financial assets and then marketing them to investors. Notes: Mortgage backed securities are a perfect example of securitization. May also be spelled as "securitisation. and economic development. In addition to his recent appointments, Mr. Ballan is a public member of the New York State Watershed Protection and Partnership Council. He formerly was a director of the New York City Health and Hospitals Corporation The New York City Health and Hospitals Corporation (HHC) operates the public hospitals and clinics in New York City. It was created in 1969 by the New York State Legislature as a public benefit corporation (Chapter 1016 of the Laws 1969). and Chair of its Capital Committee, a member of the 2001 NYC NYC abbr. New York City NYC New York City Charter Revision Commission, and a citizen member of the Environmental Control Board of the City of New York (appointed by Mayor Giuliani, approved by the New York City Council The New York City Council is the lawmaking body of the City of New York. It comprises 51 members from 51 council districts throughout the five boroughs. The Council serves as balance of power against the mayor in a "strong" mayor-council government model. ). Mr. Ballan earned his B.A., magna cum laude, from Williams College, and earned his J.D. from George Washington University George Washington University, at Washington, D.C.; coeducational; chartered 1821 as Columbian College (one of the first nonsectarian colleges), opened 1822, became a university in 1873, renamed 1904. National Law Center. Mintz Levin is an AmLaw 100 law firm with offices in the US and the UK. The firm has exceptional depth in a broad range of practice areas, but our clients recognize that what sets us apart from other law firms is our industry focus. By truly understanding business drivers and industry trends, we are able to provide our clients with more than just legal advice. We provide legal solutions to our clients' business issues. Since 1933, our lawyers have represented entrepreneurs, emerging growth companies, government agencies, and leaders in primary industries that include Life Sciences/Biotechnology; Technology & Communications; Financial Services & Insurance; Healthcare; Real Estate, Hospitality & Construction; and Retail & Consumer Products. Our practical knowledge combined with our industry expertise enables us to provide our clients with enterprise legal advice that gives their business a competitive advantage in the marketplace. For detailed information on the firm we invite you to visit www.mintz.com. |
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