Firm Among Top Five Nationally on Build America Bonds
January 19, 2011 - The law firm of Sherman & Howard/Swendseid & Stern again finished at the top of Colorado and Nevada Bond Counsel rankings for 2010 - both as bond counsel and disclosure counsel. In Colorado, Sherman & Howard served as bond counsel on 42 percent of the municipal bonds issued in 2010, based on par amount. In Nevada, Sherman & Howard served as bond counsel on a substantial majority of the municipal bonds issued.
Sherman & Howard ranked among the top five bond counsel in the United States on Build America Bonds. The firm finished among the top seven as disclosure counsel and, representing clients as bond counsel on a total par amount of $7 billion in bonds, ranked #14 nationally as bond counsel based on total par amount of all bond offerings according to the most recent rankings released by Thomson Reuters.
In Colorado, the firm again finished first in 2010 as both bond counsel and disclosure counsel for the total par amount of all bond issues. Sherman & Howard served as bond counsel on 73 offerings in 2009, involving a total par amount of just over $3 billion.
Ranked #1 in Nevada as both bond counsel and disclosure counsel, the firm, which practices in Nevada as Swendseid & Stern, closed 68 bond offerings in Nevada in 2010. These offerings represented a total par amount of just over $3.7 billion.
About Sherman & Howard
The Sherman & Howard Public Finance Department, known in Nevada under the name Swendseid & Stern, is among the largest in Colorado and Nevada. The Firm has been continuously listed in the "Municipal Bond Attorneys" section of The Bond Buyer's Municipal Marketplace (The Red Book) since that publication first started listing municipal bond attorneys in about 1939.
Sherman & Howard L.L.C., established in 1892, is the oldest law firm in Denver. The Firm assists its clients in most aspects of law affecting businesses and public institutions. Sherman & Howard's approximately 190 attorneys currently practice law from offices in Denver, Colorado Springs, Steamboat Springs, Vail and Aspen, Colorado; Phoenix and Scottsdale, Arizona; Reno and Las Vegas, Nevada; and St. Louis, Missouri.
About Thomson Reuters Rankings
Thomson Reuters' rankings and volume totals include all long-term municipal new issues underwritten during the period from January 1, 2010 to December 31, 2010 of which Thomson Reuters was made aware. Thomson Reuters' standard league tables are based upon a single set of globally consistent criteria, submission guidelines, transaction classifications, and eligibility rules, allowing accurate analysis of transactions from around the world. Legal counsel received full credit, equal if joint, on each issue for which they provided legal services.
Thomson Reuters is the world's leading source of intelligent information for businesses and professionals delivering critical information to leading decision makers in the financial, legal, tax and accounting, healthcare and science and media markets. For more information, go to www.thomsonreuters.com.