Dana M. Lach is of counsel and a business lawyer with Foley & Lardner LLP, where she counsels municipal issuers, health care and cultural and educational facilities and other conduit borrowers in connection with financing transactions, including tax-exempt bonds, commercial loans and on traditional financing products such as commercial paper programs and securitizations, and derivative transactions. In addition, Dana routinely serves as counsel to investment banks, commercial banks, and other financial institutions in connection with tax-exempt financing transactions. Dana’s experience as bond counsel, underwriter’s counsel, issuer’s counsel and bank counsel encompasses more than 150 bond issues aggregating over $20 billion.
Dana regularly counsels clients on post-issuance compliance matters, including the tax law requirements applicable to bond-financed property, such as use and investment of proceeds, private use analysis, management contract and research arrangement guidelines and computation of arbitrage. She also assists clients with developing and implementing policies and procedures for both tax and market disclosure requirements. In addition, her experience includes providing guidance on "remedial actions" for changes in use of bond financed facilities, and information reporting for the IRS Form 990, Schedule K.