Erich T. Kennedy

Experience

Understand Every Side of the Deal

Client: Colorado State Bank & Trust

For more than a decade, Dinsmore has counseled Colorado State Bank and Trust in public finance transactions. When the bank is considering a new deal, they rely on Dinsmore to help identify and minimize potential risks.

“They work to understand the transaction, including all the business points,” said Senior Vice President Kristen Sundin. “(Dinsmore) also works to understand their clients and our needs and viewpoints.”


Sundin said her company maintains their working relationship with Dinsmore because the firm’s attorneys examine business deals from multiple sides. Counsel never tells Sundin to do business a certain way without explanation. Instead, Dinsmore’s attorneys provide background and context on how similar deals have progressed and then discuss whether or not the bank wants to proceed a similar way.

“They’re down to earth, they are easy to communicate with and help facilitate the back-and-forth process of documentation in an efficient manner,” Sundin said.

$40 million bond funds college’s new structures

We served as Bond Counsel on a $40 million tax-exempt bond issuance for the benefit of a local university. The university, currently in a growth state, used the bond proceeds to better serve its students by expanding its student housing and academic buildings.

$21 million bond funds art museum

We served as Bank Counsel on a $21 million tax-exempt bond issuance for the benefit of an art museum. The art museum used the bond proceeds to finance the construction of its new, state-of-the-art museum facility, which has become a national and international destination for modern art enthusiasts.

$14.25 million bond benefits community college

We served as Bank Counsel on $14.25 million tax-exempt bond issuance, the proceeds of which were used by a community college to finance the construction of a Center for the Arts and an Agricultural and Science Center.

$9.2 million bond funds transplants

We served as Bond Counsel on a $9.2 million tax-exempt bond issuance for the benefit of a nonprofit, medical organization. The organization used the bond proceeds to finance additional capacity to develop, process, and distribute life-saving and life-enhancing allografts.

Community health center uses $17.4 million bond to expand facilities

We served as Bond Counsel on two tax-exempt bond issuances (aggregate principal amount of $17.4 million) for the benefit of a community health center. The health center used the bond proceeds to finance construction of expanding facilities, allowing it to expand its medical and dental services to those in the community with access challenges.

$19.3 million bond used to expand facilities

We served as Bank Counsel on $19.3 million commercial financing. Borrower was a Catholic religious order. As the order grew, it needed additional residential facilities. The funds were used to expand the order’s residential facilities.