Globalization spurs freight and passenger transportation growth . . . transportation infrastructure needs drive financing programs in developing nations . . .private/public partnerships and mass transit projects key to U.S. transportation infrastructure upgrade . . . Port Security Grants program from U.S. TSA.
Fulbright & Jaworski has been active for decades in delivering comprehensive legal services to funding mechanisms of all types for transportation projects, both private and public.
Public finance: One of 10 most active
In recent years, Fulbright has consistently ranked among the nation's 10 most active bond firms. Our transportation work has included representing governmental units, airlines, vendors, underwriters and other participants in financing a variety of projects.
Municipal and private airport improvements:
- Runways
- Flight kitchens
- Gate/terminal improvements
- Maintenance facilities
- Parking garages
- People movers
Highways and streets:
- Toll roads
- Toll bridges
- Public roads and streets
Public ports:
- Channel improvements
- Storage facilities
- Wharves
Mass transit:
- Buses
- Rail lines and rail cars
2002 municipal securities totals:
- 345 transactions
- $8.86 billion cumulative principal amount
Bond issuer representation
We have represented issuers of tax-exempt obligations as:
- Bond counsel
- Disclosure counsel
- Special tax counsel
- General counsel
Public/private projects
Fulbright transportation lawyers have worked with a variety of parties to facilitate transportation projects, including public and privately owned airports and public-private cooperative ventures. Our public finance lawyers are knowledgeable in the various vehicles used to fund transportation projects such as:
- GARVEEs (Grant Anticipation Vehicles) for highway funding
- SIB loans
- Tax-exempt debt
- Taxable project financing
International financing organizations
Fulbright has represented public and private entities in financing for major infrastructure projects around the world, including toll roads and port facilities. Organizations we work with include:
- Asian Development Banks
- International Finance Corporation
- Inter-American Development Bank
- Overseas Private Investment Corporation
- U.S. Eximbank
