Emilie R. Ninan


Tel 302.252.4426
Fax 302.300.4055
Tel 202.661.7668
Fax 202.661.2299
Washington, DC

Emilie R. Ninan is Co-Chair of the firm's Finance Department and a member of Ballard Spahr's Expanded Board.

Emilie assists clients with obtaining lower-cost capital financing through the issuance of tax-exempt bonds. Emilie serves as bond counsel, underwriter's counsel, borrower's counsel, issuer's counsel, or trustee's counsel on a variety of municipal bond financings, including general obligation, revenue, conduit, utility system, health care, affordable housing, manufacturing, bioenergy, solid waste, and educational facility bond transactions.

In addition to her public finance practice, Emilie represents corporate, banking, government and nonprofit clients in commercial real estate lending matters, contract negotiation, and other finance transactions. She also advises on Uniform Commercial Code matters and delivers formal legal opinions in connection with various business transactions.

Representative Transactions

  • Served as underwriter’s counsel in connection with State of Delaware General Obligation Refunding Bonds and Delaware Transportation Authority’s Transportation System Senior Revenue Bonds
  • Served as bond counsel to the District of Columbia in connection with conduit financings for nonprofit organizations.
  • Served as bond counsel with respect to the issuance of Delaware Health Facilities Authority Revenue Bonds, for the benefit of Christiana Care Health System.
  • Served as underwriter’s counsel in connection with Refunding Bonds issued by the Delaware Sustainable Energy Utility
  • Served as bond counsel in connection with bonds issued by The Delaware Economic Development Authority for the benefit of Goldey-Beacom College and St. Andrew’s School of Delaware and as underwriter’s counsel in connection with bonds issued to benefit Newark Charter School
  • Served as bond counsel on P3 Student Housing and Dining Facility Revenue Bonds (CHF-Dover, L.L.C. - Delaware State University Project)
  • Served as underwriter's counsel in connection with $200,000,000 University of Delaware, Taxable Bonds
  • Served as bond counsel, borrower, or bank counsel on direct purchase bonds for the benefit of manufacturers, educational institutions, and other nonprofit organizations
  • Served as counsel to the issuer on various State Revolving Fund and USDA RUS loans for water/sewer and drinking water projects
  • Negotiated global service contracts for a Fortune 500 company

Recognition & Accomplishments

Recognized as a Private Sector Trailblazer by The Bond Buyer and Northeast Women in Public Finance

Member of trade mission delegation to India led by former Delaware Gov. Jack Markell

SABA-DC Private Sector Trailblazer Award (2020)

SABA Philadelphia Legal Excellence Award for Professional Achievement (2018)

Pennsylvania Diversity Council's Leadership Excellence in Law Award, recognizing attorneys in the Greater Philadelphia Area for their leadership, resolve, and outstanding achievements (2014)

Hinton J. Lucas, Jr., Torchbearer Award from DuPont, for outstanding leadership and dedication to advancing diversity in the legal profession (2013)

NASABA Cornerstone Award (2008) 

DSBA Multicultural Judges and Lawyers Section Leadership Award (2004)

Profiled by Law360 in "Female Powerbrokers Q&A: Ballard Spahr's Emilie Ninan"

Recognized as an Influential Woman in Business, Delaware Today

Board Memberships

Delaware Board of Bar Examiners

Delaware Leadership Foundation 

Delaware Commission on Indian Heritage and Culture


Co-author, "Paycheck Protection Program and Health Care Enhancement Act," Ballard Spahr alert, April 27, 2020

Co-author, "10 Characteristics of Inclusive Leadership, American Bar Association, Business Law Section," Business Law Today, April 21, 2020

Co-author, "COVID-19 Outbreak Creates Disclosure and Due Diligence Challenges," Ballard Spahr alert, March 11, 2020

"Federal Tax Reform: Senate Proposal Repeals Advance Refundings but Keeps Private Activity Bonds," Ballard Spahr alert, November 13, 2017

"Federal Tax Reform: House Tax Bill Rewrites Municipal Bond Rules," Ballard Spahr Alert, November 3, 2017

Spectrum, Ballard Spahr's Diversity Newsletter, Summer 2017

Speaking Engagements

Emilie is a frequent speaker and presenter on panels focused on the municipal bond market, professional development, and diversity and inclusion issues in the legal field. Her speaking engagements include:

Moderator, "Impact of the New Administration on Commercial Real Estate," Ballard Spahr Webinar, February 18, 2021

Panelist, "How to Nurture Your Career During COVID-19," South Asian Women Attorneys Network, February 17, 2021

Panelist, "Women of Color in the Law," The Barristers’ Association of Philadelphia, Inc. and South Asian Bar association of Philadelphia, February 11, 2021

Panelist, "How Trailblazers Are Building a Transformative Future," The Bond Buyer Deal of the Year, December 16, 2020

Panelist, "Law Firm Economics," The Leadership Institute for Women of Color Attorneys, Inc., November 19, 2020

Moderator, "Journey to Justice: A Path Forward, a conversation with Attorney General Kathleen Jennings," Delaware Racial Justice Collaborative, August 4, 2020

"Social Media for Client Relations," Ballard Spahr internal webinar, June 22, 2020

"Global Economic Forces affecting the Muni Market: A Fireside Chat," Bond Buyer National Outlook Conference 2020, New York, NY, January 28, 2020

Panelist, "Leading the Charge, A Conversation with Chairs & Managing Partners in Big Law Firms," South Asian Bar Assocition of Washington, D.C., September 16, 2019

"Financing Municipal Projects," African American Mayors Association Annual Conference, Houston, TX, April 26, 2019

Moderator, Delaware Leadership Prayer Breakfast, Wilmington, DE, October 18, 2018 

Panelist, "Women Changemakers" and Moderator, "Founders Circle Thoughts on the Future Direction of Indiaspora," Indiaspora Leadership Forum, San Jose, CA, September 7, 2018

Panelist, "Fostering Greater Inclusion in the #MeToo Era," South Asian Bar Association of North America, 15th Annual National Conference, New York, June 29, 2018

Moderator, DRJC Delaware Attorney General Candidates Forum, Wilmington, DE, June 13, 2018

Investiture of the Honorable Sheldon K. Rennie, Wilmington, DE, April 27, 2018

Conference Co-Chair and Panel Facilitator, "View from Washington: Tax Reform," The Bond Buyer's Mid-Atlantic Municipal Market Conference, Philadelphia, October 24, 2017

"Managing Partners Discussion: Succeeding in a Law Firm," South Asian Bar Association National Convention, Washington, D.C., July 2017

"Ethics: Bond Counsel Customs and Traditions, How do they Fare in the Changing World of Public Finance," National Association of Bond Lawyers: 40th Bond Attorneys' Workshop, Chicago, September 11, 2015

"Using Tax-Exempt Bond Financing To Fund Capital Projects," The Delaware Economic Development Authority, Access to Capital Symposium, New Castle, DE, April 21, 2015  

Keynote Speaker, "Practicing Neology for Personal Success," Delaware Minority Job Fair Networking Breakfast, Wilmington, DE, August 9, 2014

Moderator, "General Counsel Session," DuPont Minority Counsel Conference, Atlanta, June 27, 2014

"Effectively Leveraging Affinity Groups," E.I. du Pont de Nemours and Company, 13th Annual Conference on Women and the Practice of Law for DuPont, Wilmington, DE, April 10, 2014

"Navigating the Path to Partnership," live interview, BlogTalkRadio, Esquire Coaching, October 23, 2013

Chancellor's Leadership Institute, Philadelphia Bar Association, Philadelphia, April 10, 2013

Keynote speaker, "Owning Your Own Career: Lessons in Navigation," Penn State Brandywine President's Commission on Women, Media, PA, March 21, 2013 

Professional Activities

National Association of Bond Lawyers

Association of Public Finance Professionals (DC-MD-VA)

Delaware State Bar Association (DSBA): Executive Committee (2012-2013); Chair, Commercial Law Section (2008-2010), UCC Subcommittee and Multicultural Judges and Lawyers Section

South Asian Bar Association of North America, National President (2012-2013); Chair, National Advisory Committee (2015-2017)

South Asian Bar Association of Delaware, Founding President (2007-2010)

Leadership Delaware

Georgetown University Law Center (J.D. 1995); Member, Georgetown Journal of Legal Ethics

Georgetown University School of Business (M.B.A. 1995)

Temple University (B.B.A. 1991, summa cum laude)


District of Columbia

U.S. District Court for the District of Delaware