Teri M. Guarnaccia, a public finance partner in Ballard Spahr’s Baltimore office, has been elected to the Board of Directors of the National Association of Bond Lawyers (NABL).

NABL’s mission is to promote the integrity of the municipal market by advancing the understanding of and compliance with the law affecting public finance. Ms. Guarnaccia has served as Chair and Vice Chair of NABL’s Securities Law and Disclosure Committee, and has also previously served on the Bond Attorneys’ Workshop Steering Committee and NABL's Board Nominating Committee. Her term on the Board will end in 2017.

“Teri's election to NABL’s Board further cements her reputation as a leader in public finance, and her continuing involvement with NABL will benefit the industry immensely,” said William C. Rhodes, Chair of Ballard Spahr’s Public Finance Department. “Her service will continue what has been a long and fulfilling history of commitment of Ballard Spahr lawyers to NABL in support of its mission."

Ms. Guarnaccia has a particular focus on public finance, while also representing various parties in real estate finance transactions. She has acted as underwriter's counsel, borrower's counsel, and bond counsel in numerous tax-exempt and taxable bond financings.

Ms. Guarnaccia’s work includes serving as bond counsel to the State of Maryland; being involved in more than 60 innovative public-private partnerships for student housing transactions nationwide; and representing the New York City Housing Authority in the closing of the one of the largest public-private partnership tax credit bond deals in U.S. history.

“My participation in NABL has given me valuable insight into the regulatory and enforcement issues affecting the municipal market,” Ms. Guarnaccia said. “I look forward to my work with the organization as it continues to assist its membership with confronting issues facing the industry.”

Ballard Spahr has one of the premier public finance practices in the country, participating in the issuance of more than $350 billion of tax-exempt obligations. Nearly 60 firm attorneys have practices focused on representing governments, nonprofit organizations, banking institutions, and investors in virtually every type of bond transaction. 

Related Practice

Public Finance