Overview

Jeromy Cannon practices in the areas of state and local government law and public finance, representing public sector and private sector clients in a diverse assortment of transactional, legislative and regulatory matters.

Jeromy has broad experience in public finance transactions. He has represented clients in tax-exempt financings as bond counsel, underwriter’s counsel, issuer’s counsel, conduit borrower’s counsel and credit enhancer’s counsel. Jeromy has participated in financings involving single-family housing, multi-family housing, solid-waste disposal facilities, professional sports stadiums, educational institutions and healthcare providers. Jeromy served as sole bond and disclosure counsel for the State of Illinois from November 2011 through January 2014. As part of this engagement, Jeromy and colleagues at the Firm played a leadership role in significant revisions and enhancements to the State’s disclosure regarding pension and OPEB liabilities and budget and financial information. Jeromy provides public finance clients with experienced advice with respect to transaction structuring and disclosure issues, including advising both issuer and underwriter clients concerning the Securities and Exchange Commission’s recent Municipal Continuing Disclosure Cooperation Initiative. He also represents public and private clients with respect to economic development incentives, legislative drafting and statutory interpretation.

In addition to his public finance work, Jeromy has gained extensive experience in complex governmental transactions, particularly with respect to public-private partnerships in the infrastructure sector. Jeromy advises on path-breaking road, bridge, airport, marine port, public parking, mass transit and lottery concession and public-private partnership transactions. In these transactions, Jeromy has served as government entity counsel, sponsor’s counsel and lenders’ counsel.

Jeromy joined Mayer Brown in 2006.

Spoken Languages

  • English

Experience

Public Finance

  • Advised the Metropolitan Water Reclamation District of Greater Chicago, as disclosure counsel, in connection with the District’s issuance of $295,805,000 principal amount of 2014 general obligation bonds.
  • Advised the Chicago Transit Authority, as bond counsel, in connection with the CTA’s $555 million Sales Tax Receipts Revenue Bonds, Series 2014.
  • Advised the Illinois State Toll Highway Authority, as bond counsel, in connection with its $500 million Toll Highway Senior Revenue Bonds, 2014 Series B.
  • Advised the City of Chicago, as bond counsel, with respect to multiple issuances and remarketing transactions for Midway Airport Revenue Bonds since 2009.
  • Advised the State of Illinois, from November 2011 through January 2014, as bond and disclosure counsel, with respect to general obligation bonds, sales tax revenue bonds and unemployment insurance revenue bonds in an aggregate principal amount in excess of $7 billion.
  • Represented the Illinois Finance Authority, as issuer’s counsel, in connection with the IFA’s Clean Water Initiative Revolving Fund Revenue Bonds, Series 2013.
  • Advised the County of Cook, Illinois, as bond counsel, in connection with the County’s $90 million Sales Tax Revenue Bonds, Series 2012.
  • Represented the Illinois Housing Development Authority, as issuer’s counsel, on a wide variety of its public finance offerings.
  • Represented an international energy company, as company counsel, on tax-exempt bond financings for solid waste disposal facilities.
  • Represented a major northern Illinois healthcare provider, as company counsel, on its tax-exempt bond financings.

Infrastructure Development

  • Advising the Port Authority of Jamaica with respect to the proposed long-term concession and lease of the Kingston Container Terminal.
  • Advised the Texas Department of Transportation with respect to the design-build procurement of several road projects, including the Loop 1604 Western Extension near San Antonio, the US 77 upgrade near Corpus Christi, the SH 71 managed lanes project in Austin and the Energy Sector Roadway Repair project located throughout south and central Texas.
  • Advised the Puerto Rico Public-Private Partnerships Authority and the Puerto Rico Ports Authority on the long-term concession of San Juan Luis Muñoz Marín International Airport. The transaction was named as Project Finance International’s “P3 Deal of the Year” for the Americas in 2013 and North America Transport Deal of the Year 2013 by Project Finance.
  • Counsel to the Port of Americas Authority, a governmental entity of the Commonwealth of Puerto Rico, on the proposed concession of its Port of the Americas container terminal in Ponce, Puerto Rico.
  • Counsel to a proposed equity investment in a concession transaction involving certain public garages and the metered parking system in the City of Harrisburg, Pennsylvania.
  • Counsel to the Port of Portland (Oregon) on the lease of its Terminal 6 container facility to International Container Terminal Services, Inc. (ICTSI), the first US port investment of the Philippines-based company.
  • Advised a bidder on the proposed concession of certain Pittsburgh Parking Authority parking garages and lots and the City of Pittsburgh’s metered parking system.
  • Advised CenterPoint Properties on its $8.9 billion proposal to enter into a long-term public-private partnership related to the Port of Virginia and advised Virginia Port Partners on a subsequent proposal to enter into a public-private partnership related to the Port of Virginia.
  • Advised the City of Chicago on the proposed long-term concession and lease of Chicago Midway International Airport.
  • Advised private-sector bidder with respect to the proposed privatizations of the Illinois Lottery and the Indiana Lottery.
  • Counsel to the Commonwealth of Pennsylvania on the proposed $12.8 billion long-term concession and lease of the Pennsylvania Turnpike with Citi Infrastructure Investors and Abertis Infraestructuras S.A.
  • Counsel to the Northwest Parkway Public Highway Authority in the $603 million concession and lease of the Northwest Parkway in Colorado with Brisa Auto-estradas de Portugal, S.A. and Companhia de Concessões Rodoviárias, awarded Project Finance North American Transport Deal of the Year 2007.
  • Advised the City of Chicago and the Chicago Park District in the $563 million concession and lease of the over 9,000-space Chicago downtown underground public parking system to the infrastructure fund of Morgan Stanley, the first privatization of an existing municipal public parking system in the United States.

Education

Valparaiso University School of Law, JD, summa cum laude, Associate Editor, Law Review

Truman State University, BA, summa cum laude, Phi Beta Kappa

Admissions

  • Illinois