Hawkins has an established reputation as one of the country’s leading law firms in transportation finance. The Firm shares a rich history tied to the development of our country’s transportation infrastructure and the development of innovative financing techniques. The Firm assisted in financing the westward expansion of our railways in the 19th century and the development of the Triborough Bridge and Tunnel Authority, the New York State Thruway, the New Jersey Turnpike and several other state and regional toll road systems in the 1930’s and 1940’s. Today, the Firm is involved with the most innovative financing techniques such as securitizing federal transportation funding. The Firm has been engaged in a wide variety of transportation system facilities financings, and the creation of innovative security structures, for state and local transportation agencies throughout the United States. In this sector of our industry, Hawkins has been ranked by Thomson Reuters as the top bond counsel in the United States since 1980. Since 1980, the Firm participated as finance counsel in over 555 transportation financings totaling over $121 billion in par amount.
Hawkins attorneys are routinely called upon by the Firm’s clients to consult with state and federal legislative and regulatory bodies. In addition, attorneys at the Firm obtain private letter rulings from the IRS on behalf of the Firm’s clients and have represented clients before the federal agencies. The Firm’s leading role in transportation finance is further illustrated by our role as special counsel to the United States Department of Transportation (“USDOT”) in connection with the implementation of the Transportation Infrastructure Finance and Innovation Act program, USDOT’s innovative finance program.
The Firm’s work in many states over several decades has brought us into extensive and regular contact with transportation officials in most areas of the country, but particularly in New York, California, Maine, Oklahoma, Arizona, Connecticut, Colorado and the Commonwealth of Puerto Rico. The Firm has close working relationships with the transportation commissioners and the governors and transportation liaison personnel in the states in which we are active. We are thus keenly attuned to the political, economic and fiscal factors influencing transportation issues in a variety of jurisdictions.