Wednesday, January 17, 2018
MAYNARD EXPANDS HEALTH CARE AND PUBLIC FINANCE PRACTICES WITH ADDITION OF SIX ATTORNEYS
Maynard & Gale is pleased to announce that six highly experienced Public Finance and Health Care Finance attorneys have joined the Firm as Shareholders – J. Hobson “Hobby” Presley Jr., Kevin W. Beatty, John H. Burton Jr., Kathleen A. Collier, Kathryn J. Ottensmeyer, and David B. Ringelstein II.
The group brings nationally recognized public finance expertise with a distinctive focus on the health care industry to Maynard’s well-regarded Public Finance and Health Care practices. “We have a successful history of working together with this group, and we already share multiple clients,” said Jim Pool, Chair of Maynard’s Health Care Practice. “Our health care clients will benefit from the full array of services that this combined group will provide, along with our benefits, mergers and acquisitions, real estate, and litigation groups. This is a natural fit with strong synergies. We look forward to working with our new colleagues, delivering complete service to our health care clients, and expanding our national health care footprint.”
Hobby Presley is a nationally renowned practitioner. A former President of the National Association of Bond Lawyers, Fellow of the American College of Bond Counsel, and distinguished as a top-tier public finance lawyer in Chambers USA: America’s Leading Lawyers for Business, Hobby serves as bond counsel, underwriter’s counsel, purchaser’s counsel and borrower’s counsel to clients throughout the U.S. While his client base spans multiple industries, he devotes a significant portion of his practice to health care financing, advising and strategizing with both mid-size and large-scale health care providers. He has been involved in merger and acquisition transactions for entities operating in the health care sector for over 35 years.
“We are excited to have Hobby and this team join our firm and its existing 13 public finance lawyers,” said Jodie Smith, Chair of Maynard’s Public Finance Practice. “They bring a wealth of talent and experience that will no doubt benefit our deep and valued client base and broaden our presence in the national public finance market.”
Kevin Beatty counsels clients involved in all aspects of public finance, including publicly offered bond financings, tax-exempt direct lending transactions, disclosure and tax-exempt compliance matters, and mergers and acquisitions involving governmental and 501(c)(3) health care entities. Kevin has extensive experience in health care finance, regularly representing national and regional investment banking firms in their underwritings of hospital debt and as bond counsel to some of Alabama’s largest nonprofit and governmental health care delivery systems. Kevin brings 18 years of experience to Maynard.
Also experienced in all areas of public finance with a concentration in health care finance, John Burton is recognized as a leading attorney by Chambers USA and is a Fellow of the American College of Bond Counsel. John structures, documents and negotiates a variety of public finance transactions for governmental and private clients throughout the Southeast and nationally. In his almost 30 years of experience, he has served in all of the primary roles in bond financing, including bond counsel, underwriter’s counsel, counsel to the credit enhancer, and counsel to the issuer. In addition, John has a significant amount of experience drafting and negotiating interest rate swaps and other derivative products for swap market makers, as well as public and private clients.
Kathy Collier counsels for-profit and non-profit borrowers, lenders, governmental entities, underwriters, placement agents, and trustees in both taxable and tax-exempt financings, including conduit financings, credit-enhanced, and direct purchase transactions, and public offerings of securities. In her more than 35 years of practice, Kathy has extensive experience in a wide range of financing transactions and related matters, including acquisitions involving health care entities, issuance of commercial paper, derivative transactions such as interest rate swaps, investment agreements, formation of governmental authorities, and financing transaction defaults and remedies.
Katy Ottensmeyer specializes in federal tax matters in the structuring and original issuance of tax-exempt bonds and the growing needs of issuers and borrowers with post-issuance compliance and audit concerns. For over 25 years, Katy has served as public finance counsel in all capacities. Health care has been a particular focus of her practice, which has led to her specific expertise in the 501(c)(3) area and representation of clients throughout the Southeast and most recently in Massachusetts. This focus on tax-exempt entities also fits well with Maynard’s extensive 501(c)(3) practice.
With more than 20 years of experience, David Ringelstein represents some of the country’s premier financial institutions and underwriters in all aspects of bond financing across the United States. He works closely with national and state banking institutions, investment banking firms, governmental issuers, and private colleges and universities. David focuses on municipal finance, school finance, 501(c)(3) finance and utility finance, and recently completed serving for four years as national Chair of the educational panel of NABL’s Bond Attorney Workshops comprised of nationally distinguished practitioners in public finance. He also assists municipalities and counties with economic development projects and is a frequent speaker at national and state events on public finance.
“We welcome each of these talented lawyers to the Maynard team,” said Greg Curran, Chair of the Firm. “Maynard is focused on intentional and strategic growth to meet the needs of our clients and to expand these areas of our practice that we believe differentiate us in some way. This addition of talent and expertise is a clear reflection of our strategy.”