JosephKrolikowski
Senior Counsel
Corporate
jkrolikowski@seyfarth.com
More About Joe
Joe's practice is focused on project finance, structured finance and distressed municipalities. Joe structures transactions that utilize available benefits under federal and state law. These benefits include tax-exempt financing, tax benefits combined with taxable financings, tax credits, tax abatement, direct subsidies and incentives. He represents state and local governments, nonprofit entities and for-profit corporations. His experience with municipal distress includes work with governmental entities and 501(c)(3) entities. He has advised state governments, including Georgia and Pennsylvania, on revisions to laws governing local government investments.
Joe was general counsel and managing director in the investment banking arena for a decade, where he both structured transactions and dealt with issues raised by the Securities and Exchange Commission (SEC), the Internal Revenue Service (IRS), the Municipal Securities Rulemaking Board (MSRB) and bank regulatory agencies.
Joe is a tax lawyer by training. He served three years in the United States Department of the Treasury's Tax Legislative Counsel's Office, where he was responsible for drafting the tax-exempt bond and local government provisions in President Ronald Reagan's Tax Reform proposals released in 1985, as well as representing the US Treasury in working with Congress on the legislation that resulted in the Tax Reform Act of 1986. Current federal tax law on tax-exempt and local government financings is in large part based on the provisions of the Tax Reform Act of 1986. Joe drafted regulations and rulings interpreting the Internal Revenue Code. He also worked with the Office of Management and Budget (OMB) drafting regulations with OMB and other agencies, including student loans with the Department of Education and alternate energy subsidies with the Department of Energy.
Joe has published numerous articles on local government finance, investments and notional contracts. He is currently author of the chapter on municipal leasing in Equipment Leasing — Leveraged Leasing published by the Practicing Law Institute.
He has been a speaker before the United States House of Representatives Committee on Public Works and Transportation, the National Association of College and University Business Officers and the National Association of Bond Lawyers, in addition to bar and government associations.
Joe was general counsel and managing director in the investment banking arena for a decade, where he both structured transactions and dealt with issues raised by the Securities and Exchange Commission (SEC), the Internal Revenue Service (IRS), the Municipal Securities Rulemaking Board (MSRB) and bank regulatory agencies.
Joe is a tax lawyer by training. He served three years in the United States Department of the Treasury's Tax Legislative Counsel's Office, where he was responsible for drafting the tax-exempt bond and local government provisions in President Ronald Reagan's Tax Reform proposals released in 1985, as well as representing the US Treasury in working with Congress on the legislation that resulted in the Tax Reform Act of 1986. Current federal tax law on tax-exempt and local government financings is in large part based on the provisions of the Tax Reform Act of 1986. Joe drafted regulations and rulings interpreting the Internal Revenue Code. He also worked with the Office of Management and Budget (OMB) drafting regulations with OMB and other agencies, including student loans with the Department of Education and alternate energy subsidies with the Department of Energy.
Joe has published numerous articles on local government finance, investments and notional contracts. He is currently author of the chapter on municipal leasing in Equipment Leasing — Leveraged Leasing published by the Practicing Law Institute.
He has been a speaker before the United States House of Representatives Committee on Public Works and Transportation, the National Association of College and University Business Officers and the National Association of Bond Lawyers, in addition to bar and government associations.
- JD, Harvard Law School
- BA, Temple University
Summa cum laude
Phi Beta Kappa
- Georgia
- Pennsylvania
Related Services
- Chapter Author, "Municipal Leases," Equipment Leasing-Leveraged Leasing, Sixth Edition, Practising Law Institute (October 18, 2021)
- "Developments in Authority Financings – Satisfying Fiduciary Obligations," The Authority (February, 1996)
- "Investors’ View of Water and Sewer Authorities and their Finances," The Authority, Vol. XXVI, No. 5. (October, 1995)
- "Tax-Exempt Commercial Paper: What Future in Pennsylvania," Pennsylvania Law Journal Reporter, Vol. IV, No. 16. (April 27, 198l)
- "Tax-Exempt Commercial Paper: Use by Municipal Authorities in Pennsylvania," Municipal Finance Journal, Vol. 2, No. 2. (Spring 1981)
- Guest lecturer on current commercial real estate development issues and role of public/private partnerships and federal and state incentives in development, for Georgia Tech’s MBA program for real estate professionals (February 1, 2023)
- Guest lecturer on real estate finance and incentives for projects at Georgia Tech’s MBA Fundamentals of Real Estate Development (November 10, 2021)
-
Guest lecturer on real estate finance and incentives for projects at Georgia Tech’s MBA Fundamentals of Real Estate Development (November 8, 2021)
- Guest lecturer on public incentives at Georgia Tech’s MBA Fundamentals of Real Estate Development (June 23, 2021)
- Guest lecturer on public incentives at Georgia Tech’s MBA Fundamentals of Real Estate Development (June 16, 2021)
- Development and Redevelopment in Georgia, Speaker at Atlanta Regional Commission (April 2010)
- Pennsylvania Municipal Authorities Association, Speaker on "Electronic Disclosure" and "New Approaches to Financing" (August 28, 2000)
- Pennsylvania Municipal Authorities Association, Annual Meetings, Speaker on "New Developments in Municipal Finance," (April, 1994-2002)
- Pennsylvania Bar Institute, Speaker on arbitrage and refundings, as well as investments and security for public funds (June 2 & June 30, 1999)
- National Association of College and University Business Officers, "Capital Ideas – Capital Improvements": Presentation on leasing, sale leasebacks, debt capacity, valuation of call options, synthetic advance refundings (forwards, and delayed start swaps) (October, 1998)
- Pennsylvania Association of Bond Lawyers, Speaker on "MSRB Rule G-38, Political Contributions" (1995)
- Bond Attorneys Workshop Panelist on arbitrage and small issue bonds (1986-1991)
- Bond Attorneys Workshop: featured joint luncheon Speaker (1985)
- United States House of Representatives, Committee on Public Works and Transportation, sole representative of the Reagan administration speaking on the effects of the President’s Tax Reform Proposals (September 5, 1985)
More About Joe
Joe's practice is focused on project finance, structured finance and distressed municipalities. Joe structures transactions that utilize available benefits under federal and state law. These benefits include tax-exempt financing, tax benefits combined with taxable financings, tax credits, tax abatement, direct subsidies and incentives. He represents state and local governments, nonprofit entities and for-profit corporations. His experience with municipal distress includes work with governmental entities and 501(c)(3) entities. He has advised state governments, including Georgia and Pennsylvania, on revisions to laws governing local government investments.
Joe was general counsel and managing director in the investment banking arena for a decade, where he both structured transactions and dealt with issues raised by the Securities and Exchange Commission (SEC), the Internal Revenue Service (IRS), the Municipal Securities Rulemaking Board (MSRB) and bank regulatory agencies.
Joe is a tax lawyer by training. He served three years in the United States Department of the Treasury's Tax Legislative Counsel's Office, where he was responsible for drafting the tax-exempt bond and local government provisions in President Ronald Reagan's Tax Reform proposals released in 1985, as well as representing the US Treasury in working with Congress on the legislation that resulted in the Tax Reform Act of 1986. Current federal tax law on tax-exempt and local government financings is in large part based on the provisions of the Tax Reform Act of 1986. Joe drafted regulations and rulings interpreting the Internal Revenue Code. He also worked with the Office of Management and Budget (OMB) drafting regulations with OMB and other agencies, including student loans with the Department of Education and alternate energy subsidies with the Department of Energy.
Joe has published numerous articles on local government finance, investments and notional contracts. He is currently author of the chapter on municipal leasing in Equipment Leasing — Leveraged Leasing published by the Practicing Law Institute.
He has been a speaker before the United States House of Representatives Committee on Public Works and Transportation, the National Association of College and University Business Officers and the National Association of Bond Lawyers, in addition to bar and government associations.
Joe was general counsel and managing director in the investment banking arena for a decade, where he both structured transactions and dealt with issues raised by the Securities and Exchange Commission (SEC), the Internal Revenue Service (IRS), the Municipal Securities Rulemaking Board (MSRB) and bank regulatory agencies.
Joe is a tax lawyer by training. He served three years in the United States Department of the Treasury's Tax Legislative Counsel's Office, where he was responsible for drafting the tax-exempt bond and local government provisions in President Ronald Reagan's Tax Reform proposals released in 1985, as well as representing the US Treasury in working with Congress on the legislation that resulted in the Tax Reform Act of 1986. Current federal tax law on tax-exempt and local government financings is in large part based on the provisions of the Tax Reform Act of 1986. Joe drafted regulations and rulings interpreting the Internal Revenue Code. He also worked with the Office of Management and Budget (OMB) drafting regulations with OMB and other agencies, including student loans with the Department of Education and alternate energy subsidies with the Department of Energy.
Joe has published numerous articles on local government finance, investments and notional contracts. He is currently author of the chapter on municipal leasing in Equipment Leasing — Leveraged Leasing published by the Practicing Law Institute.
He has been a speaker before the United States House of Representatives Committee on Public Works and Transportation, the National Association of College and University Business Officers and the National Association of Bond Lawyers, in addition to bar and government associations.
- JD, Harvard Law School
- BA, Temple University
Summa cum laude
Phi Beta Kappa
- Georgia
- Pennsylvania
Related Services
- Chapter Author, "Municipal Leases," Equipment Leasing-Leveraged Leasing, Sixth Edition, Practising Law Institute (October 18, 2021)
- "Developments in Authority Financings – Satisfying Fiduciary Obligations," The Authority (February, 1996)
- "Investors’ View of Water and Sewer Authorities and their Finances," The Authority, Vol. XXVI, No. 5. (October, 1995)
- "Tax-Exempt Commercial Paper: What Future in Pennsylvania," Pennsylvania Law Journal Reporter, Vol. IV, No. 16. (April 27, 198l)
- "Tax-Exempt Commercial Paper: Use by Municipal Authorities in Pennsylvania," Municipal Finance Journal, Vol. 2, No. 2. (Spring 1981)
- Guest lecturer on current commercial real estate development issues and role of public/private partnerships and federal and state incentives in development, for Georgia Tech’s MBA program for real estate professionals (February 1, 2023)
- Guest lecturer on real estate finance and incentives for projects at Georgia Tech’s MBA Fundamentals of Real Estate Development (November 10, 2021)
-
Guest lecturer on real estate finance and incentives for projects at Georgia Tech’s MBA Fundamentals of Real Estate Development (November 8, 2021)
- Guest lecturer on public incentives at Georgia Tech’s MBA Fundamentals of Real Estate Development (June 23, 2021)
- Guest lecturer on public incentives at Georgia Tech’s MBA Fundamentals of Real Estate Development (June 16, 2021)
- Development and Redevelopment in Georgia, Speaker at Atlanta Regional Commission (April 2010)
- Pennsylvania Municipal Authorities Association, Speaker on "Electronic Disclosure" and "New Approaches to Financing" (August 28, 2000)
- Pennsylvania Municipal Authorities Association, Annual Meetings, Speaker on "New Developments in Municipal Finance," (April, 1994-2002)
- Pennsylvania Bar Institute, Speaker on arbitrage and refundings, as well as investments and security for public funds (June 2 & June 30, 1999)
- National Association of College and University Business Officers, "Capital Ideas – Capital Improvements": Presentation on leasing, sale leasebacks, debt capacity, valuation of call options, synthetic advance refundings (forwards, and delayed start swaps) (October, 1998)
- Pennsylvania Association of Bond Lawyers, Speaker on "MSRB Rule G-38, Political Contributions" (1995)
- Bond Attorneys Workshop Panelist on arbitrage and small issue bonds (1986-1991)
- Bond Attorneys Workshop: featured joint luncheon Speaker (1985)
- United States House of Representatives, Committee on Public Works and Transportation, sole representative of the Reagan administration speaking on the effects of the President’s Tax Reform Proposals (September 5, 1985)