Lisa A. ChiesaLisa Chiesa Clark Hill
Lisa A. Chiesa
When tax-exempt borrowers and lenders seek hassle-free transactions, they call Lisa A. Chiesa for guidance. The labyrinth of the Tax Code, securities and state borrowing laws can seem overwhelming to a transaction participant. Lisa’s assistance through this maze is one of the reasons that she has been asked to provide counsel for more than 270 tax-exempt borrowings in the last 5 years alone.
Lisa assists both governmental and private entities with the structuring, documenting and closing of tax-exempt financing transactions. In addition, she represents lenders, trust departments and underwriters regarding their roles in the tax-exempt financing process. Lisa also counsels both lessors and lessees in tax-exempt leasing transactions.
As a long-time Board Member for the Pennsylvania Association of Bond Lawyers, Lisa keeps abreast of the issues confronting her clients and quickly translates that knowledge into timely, cost-effective solutions. Her ability to communicate these solutions to her clients in an effective manner is one of the hallmarks of her style.
New Continuing Disclosure Obligations," Communiqué, November 2010.
Speaker, “Financing Options for School Construction Projects,” PA School Board Association School Design and Construction Conference, Lancaster, May 2010.
Presenter, Pennsylvania Association of School Business Officials (PASBO) Convention on the SEC’s New Electronic Continuing Disclosure Requirements, March 2010.
“New Filing Requirements –Continuing Disclosure Obligations,”Communiqué, September 2009.
"The Benefits Game: Non-Profit, Public School and Government Employers - 11th Hour Reprieve From The IRS," Communiqué, December 2008.
Be Fair or Beware: Act with Caution When Dealing in Municipal Securities," Communiqué, February 2008.
"Act 1: The Back-End Referendum, Increasing Taxes Over PDE’s Published Index," January 2007.
"Issuers of Tax-Exempt Obligations may be required to file Form 1099-INT with the recipient of the interest on the obligation as well as the IRS," January 2007.
"Suspension of SLG Sales: What do You do with Your Clients’ Escrows?", February 2006.
“Responding to GIC Investigations,” Communiqué, February 2005.
Lecturer, Pennsylvania Association of School Business Officials
Lecturer, Pennsylvania Municipal Authorities Association
Lecturer, Healthcare Financial Management Association
Lecturer, Equipment Leasing Association
Represent Broker Dealers with regard to their roles in public finance transactions, including preparation of disclosure materials and federal and state securities law filings.