This panel will focus on intermediate and advanced concepts relating to arbitrage and rebate compliance. Topics will include long-term working capital; issue price; allocations; hedge bonds; the bidding of investment agreements; the termination of investment agreements; qualified guarantees; temporary period considerations; the impact of swap terminations on bond yield; yield reduction payments; and other current arbitrage issues, including any recent guidance from the federal government. Sessions will include a discussion of best practices for issuers and conduit borrowers with respect to arbitrage and rebate matters.
Gregory Ichel, The Arbitrage Group, Inc.
Perry Israel, Law Office of Perry Israel
William Milford, Bryant Miller Olive P.A.
Laurie Scott, Integrity Public Finance Consulting, LLC
John Stanley, Orrick, Herrington & Sutcliff LLP