Ben Morse

Senior Associate

Austin

Ben is a public law attorney who focuses his practice on public finance. He has served as bond counsel, underwriter's counsel and disclosure counsel on virtually every type of public finance transaction. Throughout his career, he has worked on more than 100 public finance transactions with an aggregate par value of approximately $15 billion.

Ben also counsels utility districts, municipal management districts, cities, economic development corporations, tax increment reinvestment zones and other governmental entities on general matters. In addition, he has substantial experience with economic development matters, and advises both developers and governmental entities in the negotiation of agreements relating to the construction of public infrastructure/developer reimbursement and economic incentives.

Since joining Orrick, he has also been active in municipal restructuring matters.  Ben was a part of the Orrick team that served as co-counsel to a coalition of senior Puerto Rico Sales Tax Financing Corporation (commonly known as COFINA) bondholders in connection with COFINA's restructuring and its exchange issuance of approximately $12 billion in restructured bonds.  Orrick's work on the COFINA restructuring was recognized by the Financial Times as "highly commended" in the category of "Managing Complexity and Scale."

    • Represented a coalition of senior COFINA bondholders in connection with the restructuring of $18 billion of COFINA debt
    • Currently represents a Texas municipality in connection with a resort hotel and convention center project
    • Currently serves as bond counsel to the only municipal school district in the State of Texas
    • Successfully negotiated a long-term forbearance agreement and a subordinate lien direct loan for a conduit borrower in a tax-exempt bond transaction that had defaulted on its loan payments
    • Served as bond counsel to local government corporation in its concurrent issuance of two series of tax increment contract revenue and refunding bonds aggregating $49,385,000 in principal amount
    • Served as bond counsel to school district in its concurrent issuance of $153,550,000 unlimited tax refunding bonds and $65,795,000 limited tax refunding bonds
    • Served as bond counsel to school district in its issuance of $206,675,000 unlimited tax school building and refunding bonds
    • Served as disclosure counsel to junior college district in its concurrent issuance of $138,220,000 limited tax general obligation school building bonds and $50,235,000 limited tax general obligation refunding bonds
    • Served as bond counsel to school district in its issuance of $138,015,000 unlimited tax school building and refunding bonds
    • Served as counsel to underwriting syndicate for school district’s $103,095,000 unlimited tax refunding bonds
    • Served as bond counsel to junior college district on its $68,865,000 combined fee revenue and refunding bonds
    • Served as disclosure counsel to junior college district on its $46,505,000 limited tax refunding bonds
    • Served as disclosure counsel to junior college district on its $47,535,000 combined fee revenue bonds
    • Served as special counsel to several school districts in their remarketings of over $100 million of unlimited tax variable rate bonds