Mr. Williams has represented state agencies, Arkansas cities and counties, special purpose boards and commissions, hospitals, colleges and universities, local school districts and improvement districts. He has also served as underwriter’s counsel to numerous investment banking firms in their bond underwritings.
In structured finance, Mr. Williams has extensive experience in representing issuers of single family housing bonds and student loan financing.
Mr. Williams and the firm represented the State’s largest electric utility in the state’s first securitization of the restoration of storm costs (see Legislation).Legislation
Mr. Williams has authored many of the Arkansas statutes dealing with public finance including:
- legislation which created the Arkansas Student Loan Authority;
- legislation which created the Arkansas Development Finance Authority, and supplemental legislation creating its Bond
- Guaranty Act, and legislation setting forth the procedures for the allocation of the private activity bond cap;
- Arkansas Taxable Bond Act; and
- Arkansas College Savings Bond Act.
- The Arkansas Highway Financing Act of 1999 (Use of GARVEE Bonds)
- The Arkansas Electric Utility Storm Recovery Securitization Act of 2009;
- He participated in the preparation of the initiated act approved by the voters in the 2000 general election which provided for the distribution of Arkansas’s share of the national tobacco settlement. Williams & Anderson successfully defended the ballot title challenge to Initiated Act One before the Arkansas Supreme Court; and
- He prepared Amendment 87 to the Arkansas Constitution which authorized the Arkansas State Lottery to support scholarships and grants for Arkansas citizens attending Arkansas institutions of higher learning and successfully defended the ballot title challenge before the Arkansas Supreme Court.
- He prepared Amendment 90 to the Arkansas Constitution which authorized a one-half cent sales tax to help finance the state’s four land highway expansion and general obligation bonds of $1,300,000,000 to pay for equipment of the highway system.
Mr. Williams serves as counsel to the firm’s principal banking client, a publically owned state-wide banking institution.
National Association of Bond Lawyers (NABL) and American College of Bond Attorneys
Mr. Williams is a founding member of both NABL and the American College of Bond Attorneys. He has served as a member of NABL’s Board of Directors and its Executive Committee, and has served as a member of the American College of Bond Attorneys’ Board of Directors. He remains active in both organizations.DIRECTORIES
- Listed in Best Lawyers in America, for Public Finance and Project Finance Law and Structured Finance Law
- Listed in Chambers USA as a “Leader” in the field of Corporate/Commercial: Municipal Bonds
- Listed in Harper’s USA, American’s Leading Lawyers for Business, Rank 1 for Corporate/Commercial: Municipal Bonds
- Listed in Top Attorneys in North America by Who's Who of America