Wally is a senior partner in the public finance section at Hunton & Williams. His practice focuses on tax-exempt public finance transactions, primarily as bond counsel, tax counsel, arbitrage, securities law and general corporate matters. He has particular experience in swaps and derivatives, indenture covenants, permissible amendments and restructurings, bondholder approvals and legal challenges to indenture provisions.
Wally has been the senior Hunton & Williams attorney responsible for more than 500 bond counsel and tax counsel representations of which the following are especially notable:
- Smallest Tax-Exempt: $10,000 Town of Newland, North Carolina Waste Water Treatment Bonds
- Largest Taxable: $223,875,000 Carolina Corrections, LLC Taxable Bonds, Series 2001 Select Auction Variable Rate Securities (SAVRS) (State of North Carolina Correctional Facilities Projects)
- Derivatives: $675,395,000 State of North Carolina Swap/Swaption, March 2005
Wally is a frequent contributor to comments by the National Association of Bond Lawyers (NABL) on Internal Revenue Service proposed regulations, including on Circular 230, Preparer Penalties, Private Activity Regulations, Credit Bond Structures, and author of numerous area outlines for presentations at the Bond Attorney Workshop and NABL Seminars. Wally is also a regular speaker at meetings or seminars hosted by NABL, the North Carolina Institute of Government, the North Carolina Association of County Commissioners (County Attorneys), the North Carolina Association of County Finance Officers, the North Carolina Bar Foundation, the Virginia Bar Foundation, the Southern Municipal Finance Analysts Association, the Southeastern Securities Transfer Association, the Government Finance Officers Association, The Bond Buyer and the Bond Market Association.