As a public finance attorney for more than 40 years, Doron has served as bond counsel and underwriters’ counsel on more than 2,000 financings involving in excess of $125 billion of tax-exempt new money issuances and refundings of general obligation bonds, revenue bonds (including financings for health care, transportation, infrastructure, multi-family housing, educational facilities for K-12, colleges and universities and student loans, industrial development, municipal water, sewer and solid waste and public power). Doron also has considerable experience with appropriation-backed bond credits and certificates of participation for lease transactions dependent upon annual appropriations.
Public finance clients include the Dormitory Authority of the State of New York, the New York State Thruway Authority, the New York State Housing Finance Agency, the New York State Municipal Bond Bank Agency, the Urban Development Corporation d/b/a Empire State Development, the State of New York Mortgage Agency, the Metropolitan Transportation Authority, the Triborough Bridge and Tunnel Authority, the New York State Environmental Facilities Corporation, the New York State Energy Research and Development Authority, The City of New York, the New York City Health and Hospitals Corporation, the State of Connecticut, and the U.S. Virgin Islands.
Doron has also served as underwriters’ counsel on financings undertaken by the Power Authority of the State of New York, the New York Local Government Assistance Corporation, the Battery Park City Authority, the Buffalo and Fort Erie Public Bridge Authority, the New York City Housing Development Corporation, the New York City Industrial Development Agency/Build NYC Resource Corporation, the New York City Transit Authority, the Connecticut Housing Finance Authority and the Connecticut Health and Educational Finance Authority,
Doron advises governmental and investment banking clients on a wide range of issues including constitutional and statutory interpretation and drafting, bond issuance authority, disclosure questions and requirements, rating agency considerations, regulatory compliance and the development of innovative financing and securitization structures.
Doron serves as Public Finance and Disclosure Counsel to the New York State Division of the Budget, providing guidance on a broad range of federal securities law and disclosure issues and technical public finance practices as well as New York State constitutional and statutory interpretation. He has drafted new legislation for the State Finance Law, consent decrees, and inter-governmental transfer arrangements involving New York State and its authorities. He has also served as special disclosure counsel for general obligation bonds issued by the states of Connecticut and Louisiana during periods of fiscal crisis.
Doron has extensive experience with hospital and nursing home FHA mortgage insurance programs under Sections 242 and 232 of the National Housing Act, including the supplemental loans available under Sections 241 and 223(a) and serves as counsel to FHA bankers, GNMA lenders, and borrowers in connection with taxable and tax-exempt FHA-insured and GNMA-guaranteed hospital financings.
In the corporate finance area, Doron has acted as underwriters' counsel in connection with public and private health care financings, purchaser's counsel in connection with privately placed leveraged lease financings, and bank counsel in connection with letter of credit transactions.
