Jerry Ostow is a New Jersey public finance attorney with over 25 years experience. He is well known to issuers, underwriters, financial advisors and other public finance professionals in New Jersey. As one of the most experienced bond lawyers in the State, Mr. Ostow has served as bond counsel in connection with the issuance of nearly $35 billion in aggregate principal amount of bonds over the course of his career. He has acted as bond counsel for the State of New Jersey and numerous State and local agencies and authorities, including the New Jersey Economic Development Authority, the New Jersey Transportation Trust Fund Authority, the New Jersey Turnpike Authority, the New Jersey Sports & Exposition Authority, the South Jersey Transportation Authority, the Casino Reinvestment Development Authority, the New Jersey Housing and Mortgage Finance Agency, the Higher Education Student Assistance Authority, the New Jersey Health Care Facilities Financing Authority, the Tobacco Settlement Finance Corporation, the New Jersey Educational Facilities Authority and the New Jersey Building Authority. He has also represented numerous issuers at the County and municipal levels. He has written enabling legislation for financing initiatives on behalf of the New Jersey Economic Development Authority, the New Jersey Sports and Exposition Authority and the Casino Reinvestment Development Authority. Mr. Ostow also represents underwriters, trustees, conduit bond issuers and other parties in public finance transactions.
Mr. Ostow also maintains an active tax practice, which includes tax structuring, analysis and documentation in connection with new issues, evaluation of proposed novel financing techniques, post issuance tax matters such as changes in the use of bond financed facilities, arbitrage rebate compliance, compliance issues in long term working capital financings and other post closing issues.
Mr. Ostow is also experienced in all aspects of municipal securities law, including primary disclosure requirements for new offerings and continuing disclosure. He is knowledgeable and experienced with Rule 15c2-12 and the various exemptions from such Rule.
Mr. Ostow received a Bachelor of Arts degree from Columbia College (1970), a Master of Business Administration degree from New York University Graduate School of Business Administration (1980), a Juris Doctor degree with high honors from Rutgers University School of Law (1983) and a Master of Laws in Taxation from New York University School of Law (1987). He is a member of the New Jersey State Bar Association, the American Bar Association and the National Association of Bond Lawyers.
New Jersey (1983)
New Jersey Economic Development Authority
$1,606,185,000 School Facilities Construction Bonds and Notes, Series 2010
$616,975,000 School Facilities Construction Bonds, 2008 Conversion and Remarketing
New Jersey Housing and Mortgage Finance Agency, $190,935,000 Single Family Housing Revenue Bonds, 2008 Series X, Y and Z and Conversion and Remarketing of Single Family Housing Revenue Bonds, 2004 Series I
New Jersey Transportation Trust Fund Authority
$1,122,744,638.45 Transportation System Bonds, 2008 Series A
Tobacco Settlement Finance Corporation
$3,622,208,081.50 Tobacco Settlement Asset Backed Refunding Bonds, Series 2007-1
New Jersey Sports and Exposition Authority
$208,025,000 State Contract Bonds, 2008 Series B and Series C (Federally Taxable)
New Jersey Health Care Facilities Financing Authority
$252,545,000 State Contract Bonds (Hospital Asset Transformation Program) 2008 Series A
Higher Education Student Assistance Authority
$350,000,000 Student Loan Revenue Bonds, 2008 Series A