Richard Sigal

Richard Sigal

Richard “Dick” L. Sigal has extensive experience in areas of distressed state, local and programmatic restructuring, housing finance, public finance, public-private partnerships, securitization, special fund financings, transportation and validation. Mr. Sigal develops financing program plans and provides legal counsel and assistance once the plan has been instituted. He has drafted significant financing legislation in many states, including Alaska, California, Connecticut, Indiana, Montana, New Jersey, New York, West Virginia and Wyoming and for the Commonwealth of Puerto Rico and the District of Columbia. Mr. Sigal has been a long-time Trustee of the Citizens Budget Commission contributing to several special committee reports and has chaired several Bond Buyer and other public finance conferences. During the Presidency of Jimmy Carter, he served as an unpaid consultant to the Department of Treasury meeting every Saturday one year during the summer months regarding the establishment of the centerpiece of the President’s urban agenda, the Urban Infrastructure Bank, the predecessor concept to the various proposals currently for a National Development Bank. Mr. Sigal has managed and structured a variety of (tax exempt, taxable, general obligation, revenue based, private activity, credit enhanced) bond and securitization issues as bond or finance counsel for various states, public authorities and local governments and as counsel for various investment banking firms, including extensive experience in working with state treasurers and budget officials, rating agencies, financial advisors and underwriters on complex and innovative new programs such as, state regulatory, financing and oversight statutes for its distressed municipalities. Mr. Sigal has been included in the 2013 Best Lawyers in America, 19th Edition, for his work in the practice area of Public Finance Law and was awarded a 2011 rating of AV Preeminent by Peer Review Rated, Martindale-Hubbell.