Partner
Orrick Herrington & Sutcliffe LLP
Donald Field is a partner in Orrick's Public Finance Group and the co-chair of Orrick’s School and Community College Finance/General Obligation Bonds Practice Group.
He is also a member of Orrick's Leasing Practice Group, Assessment/Mello-Roos Practice Group, and Revenue Practice Group. Don has extensive experience, as bond counsel, disclosure counsel and underwriter's counsel, in the financing techniques used by school and community college districts, cities and counties in California. His practice focuses on local governmental infrastructure financing, including general obligation bond financing, municipal lease financing, and land-secured financing, as well as tax and revenue anticipation note (TRAN), pension obligation and other post-employment benefit (OPEB) obligation financings. Don serves as the lead lawyer for the California School Boards Association's annual tax and revenue anticipation note pool.
Publications:
Speeches and Programs:
The difference between the amount of a settlement or judgement and public agency liability coverage most often can’t be drawn from reserves without threatening an agency’s long-term financial sustainability. Developing a payment strategy for filing the gap will be essential. This session will discuss the strengths and weaknesses of different payment strategies for different agencies including receiverships and emergency apportionments, tax increases, and bond issuance. Panelists will address the challenging constitutional, statutory, and procedural hurdles and how they may be overcome to form a viable payment strategy.