Attorney Thomas Smida has extensive legal experience in municipal finance, taxation and commercial transactions. His work is inspired by the beauty of constructing sophisticated transactions that benefit his clients.
Skilled in all aspects of Pennsylvania public finance transactions and municipal representation, Tom has substantial experience in the refunding and restructuring of outstanding debt. His understanding of complex state and federal tax issues are an integral part of the insight he brings to municipal bond transactions.
He is experienced in a wide-range of tax-exempt and taxable municipal bond financings, including general obligation and revenue bond financings, tax and revenue anticipation notes, Build America Bonds, derivative products, forward purchase delivery agreements, pooled financings programs and variable rate instruments.
Tom also works closely with banks across the Commonwealth of Pennsylvania, representing national and state chartered banks and financial institutions in their role as lenders and letter of credit providers to tax-exempt issuers and private borrowers.
In addition, he has served as counsel to Pennsylvania counties, townships, boroughs, school districts and water and sewer authorities. His work serving as bond counsel for water and sewer authorities dealt with wide-ranging matters including traditional tax-exempt financings, government sponsored loan and grant programs, including USDA Rural Utilities and the Pennsylvania Infrastructure Investment Authority.
Tom has also represented government units in IRS examination of municipal bond audit and examinations. He has served as bond counsel for industrial and economic development finance projects, including qualified small issue industrial development bond.
Tom is a long-time member of the Rotary Club of Colonial Park. Rotary is an international organization of business leaders whose “Service Above Self” includes providing humanitarian aid, promoting peace and supporting education.
- Duquesne University School of Law, J.D.
- Temple University, LL.M., Taxation
- University of Pittsburgh, B.A.
- Pennsylvania Supreme Court
- U.S. District Court:
- Middle District of PA
- Eastern District of PA
- U.S. Tax Court
Articles & Media
Pennsylvania now joins 12 other states in enacting a law that allows college student athletes to profit from their name, image and likeness.
Drowning in debt and feeling like you have no options? Financial trouble can be draining.
Filing for bankruptcy is a decision that should not be taken lightly. While many hardships that lead to bankruptcy may be unexpected, it still deserves an evaluation of personal responsibility, if only to help one prepare to avoid such a happenstance in the future.
Filing for bankruptcy can be an overwhelming process leaving you with many questions and worries.
Deciding whether or not to file for bankruptcy is never easy. If you have exhausted all other options, feel like you are drowning in debt and unable to make ends meet, bankruptcy may be a way to end the vicious cycle.
Prior to 2018, the majority of solar leases entered into by land owners were for the production of on-farm electricity.