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Published on 8/27/2014 in the Prospect News Municipals Daily.

McKenna Long & Aldridge relocates Kaufman to San Francisco office

By Tali Rackner

Norfolk, Va., Aug. 27 – McKenna Long & Aldridge LLP said it has relocated litigation partner Mark Kaufman, co-chair of the firms' municipal reform & innovation practice, to its San Francisco office from the Atlanta office, according to a press release.

His practice focuses on advising financially distressed cities and towns – as well as tax-exempt bondholders, bond insurers and other public finance stakeholders – on issues and strategies stemming from fiscally challenged municipal credits.

Kaufman will lead McKenna’s work in municipal restructuring matters in California at a time when local governments across the state are facing a gauntlet of challenges, from underfunded public pension plans to a shrinking tax base and nagging high unemployment. Three California cities have filed Chapter 9 bankruptcies in the last several years – San Bernardino, Stockton and Vallejo – and a fourth, Mammoth Lakes, had its case dismissed, the release said.

“Having Mark Kaufman resident in our office, with his deep knowledge of distressed public debt, and coming off his tremendous success in helping bring Harrisburg back from the brink, is a huge asset for our West Coast insolvency group,” Charley Maher, managing partner of the San Francisco office, said in the release. “Mark's breadth of knowledge on municipal reform and restructuring complements our existing litigation, transaction and financial practices throughout the state.”

McKenna Long & Aldridge is an international law firm.


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