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Daniel M. Deaton



Daniel Deaton has a public finance practice in which he serves as bond counsel, disclosure counsel and underwriter’s counsel.

What do you focus on?

I represent governmental clients such as cities, counties and redevelopment agencies as disclosure counsel and bond counsel in lease revenue, enterprise fund, pension obligation bond, tax revenue anticipation, as well as Teeter, and tax increment financings. In addition, I’ve acted as bond counsel and underwriter’s counsel in 501(c)(3) and private activity bond financings, including financings supporting electric power grid, waste management and water utility operations.

Disclosure

I spend an increasing portion of my practice on the fast-evolving world of disclosure, where I advise clients on their compliance responsibilities as issuers of municipal debt. We serve as disclosure counsel (often together as bond counsel) for some of the largest issuers of municipal debt throughout the United States. Besides writing the disclosure, I run training sessions and draft internal guidelines for our clients’ staff.

What do you see on the horizon?

I tell my clients: “stringent reporting requirements are the ‘new normal.’” With a backdrop of our industry facing sanctions and penalties, I’m watching enforcement actions very carefully to learn from the mistakes of others and to ensure our clients steer clear of these problems and the ones we see coming in the future.

Presentations

  • Speaker, “Due Diligence & Disclosure of Pension Obligations,” Bond Dealers of America, Webinar, September 28, 2017

Evaluating SEC Plan For New Municipal Issuer Disclosures

Law360 | March 13, 2017

Public finance partners Julie Seymour (Chicago), Liz Columbo (New York) and Dan Deaton (Los Angeles) published a contributed article on the SEC’s proposed amendment to Exchange Act Rule 15c2-12 and what it could mean for market participants.

Contact

Daniel M. Deaton

Partner

Los Angeles

Phone: 213-629-6050


Southern Methodist University, J.D.

University of California, Irvine, B.A.

California

Texas

Spanish

Daniel Deaton is a member of the State Bar of California and the State Bar of Texas.

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