
Overview
Namita Shah, chair of Day Pitney’s Private Equity and Finance business unit, practices in the area of public and private finance. Namita serves as the primary attorney in Day Pitney's roles as Lead Bond Counsel and Lead Disclosure Counsel for the State of Connecticut. She has acted as bond counsel, disclosure counsel, borrower’s counsel, underwriter's counsel and trustee's counsel on general obligation, special revenue and conduit financings throughout the region. She has extensive experience with general state and municipal law as well as laws relating to state agencies and authorities. She frequently drafts state legislation on a range of matters, including the authorization of economic recovery notes and GAAP deficit bonds as well as state legislation to ensure compliance with new federal requirements and regulations. Her institutional finance and commercial lending work includes secured and unsecured bank lending, asset-backed structured financing and private placements of secured and unsecured senior and mezzanine debt.
Namita is a member of the firm’s Executive Board, Diversity and Inclusion Committee and leadership team for Day Pitney Diverse Attorneys.
Experience
No aspect of this advertisement has been approved by the highest court of any state. Prior results do not guarantee a similar outcome.
Representation of the State of Connecticut as bond counsel, disclosure counsel and lead counsel in numerous bond issuances
Served as lead bond counsel and lead disclosure counsel in the State of Connecticut's largest bond sale in its history, almost $2.3 billion State of Connecticut Taxable General Obligation Bonds (Teachers' Retirement Fund 2008 Series A - Current Interest Bonds) (Teachers' Retirement Fund 2008 Series B - Capital Appreciation Bonds). The bonds were marketed in the United States and Europe, and were listed on the Luxembourg Stock Exchange. A special website was established for investors
Served as lead bond counsel in the State of Connecticut’s first issue of Social Bonds, $300 million State of Connecticut General Obligation Bonds (2021 Series B) (Social Bonds)
Served as lead bond counsel in the State of Connecticut's first issue of Green Bonds, $60,000,000 State of Connecticut General Obligation Bonds (Green Bonds, 2014 Series G)
Served as bond counsel on each series of revenue bonds issued by the Connecticut Health and Educational Facilities Authority for the Connecticut State University System. Each issue was secured by a state supported special capital reserve fund and sold competitively to finance a wide variety of facilities including dormitories, student centers, food service facilities and other auxiliary buildings
Served as underwriter's counsel in connection with the refunding of bonds issued by the New York Convention Center Development Corporation to finance the Jacob K. Javits Convention Center which were secured by a hotel unit fee and a guaranty by the State of New York Mortgage Agency
Served as Lead Bond Counsel and Disclosure Counsel in the conversion of the State of Connecticut's $280,000,000 General Obligation Bonds (2005 Series A) from a Weekly Rate Mode to SIFMA Index Bonds. The transaction involved not only the conversion to the new mode, but required an amendment of the bonds to add the new SIFMA mode, accomplished by triggering a mandatory tender by converting the bonds to a permissible mode, obtaining the purchaser's consent to amend the bonds while the bonds were held by the purchaser, and converting the Bonds to the newly added mode pursuant to the terms of the amended Bonds. The challenges involved in the transaction included numerous state law compliance issues, time-sensitivity, financial structuring issues and terminating an existing standby bond purchase agreement and remarketing agreement
Representation of borrowers as borrower's counsel in public finance transactions, including in transactions over $1 billion
Representation of trustee banks as trustee's counsel in public finance transactions
Representation of underwriters as underwriters' counsel in public finance transactions
Representation of institutional investors in private placements of secured and unsecured senior and mezzanine debt
Representation of banks in both secured and unsecured financings
Education and Credentials
Education
- Boston University School of Law, J.D., magna cum laude, 1996
- University of Connecticut, B.S., magna cum laude, 1993
Admissions
- State of Connecticut
Affiliations
- American College of Bond Counsel, Fellow
- Connecticut Bar Association
- Connecticut Bar Foundation, James W. Cooper Fellow
- Government Finance Officers Association of Connecticut
- National Association of Bond Lawyers
- South Asian Bar Association of Connecticut (SABAC), President, 2018-2020
Languages
- Hindi
Recognition and Community
No aspect of this advertisement has been approved by the highest court of any state. Prior results do not guarantee a similar outcome. See Awards Methodology.
Recognitions
Recipient of the South Asian Bar Association of Connecticut's Trailblazer Award, 2024
Recipient of a South Asian Bar Association of North America's Cornerstone Award, 2022
Chosen for inclusion in The Best Lawyers in America (Woodward/White, Inc.) for Public Finance Law, 2023-2025
Honored as a "Woman Worth Watching" by the Profiles in Diversity Journal, 2017
Recognized as a "Woman of Power" by the Urban League of Southern Connecticut, 2014
Community Involvement
Connecticut Bar Foundation, Board
Greater Hartford Legal Aid, Board
Pro Bono Partnership, Advisory Board
South Asian Bar Association of Connecticut, Advisory Board
News & Insights
Thought Leadership
- COVID-19 Emergency Order 9R Extends Municipal Deferment/Low Interest Rate Program , December 17, 2020
- The New Title IX: A World of Uncertainty , December 2, 2020
- LIBOR Termination May Be Postponed to 2023 , December 1, 2020
- Covid-19 Emergency Order Authorizes CT Municipalities to Hold Public Meetings and Voting by Remote Participation , October 23, 2020
- Relief for Banks in the COVID-19 CARES Act , March 27, 2020
Events
- 2024 Annual Gala, Connecticut Asian Pacific American Bar Association, October 30, 2024
News
- Day Pitney Partner Namita Shah Recognized With SABA Connecticut 2024 Trailblazer Award, September 19, 2024
- Day Pitney Announces New Leadership Appointments, April 2, 2024
- Day Pitney Receives Corporate Award at the Connecticut Hispanic Bar Association's Annual Dinner, November 8, 2023
- Gregory A. Hayes Named Managing Partner of Day Pitney, April 3, 2023
- Namita Shah, Nicholas Thomas and Tara Pollard Represent Firm at SABAC 15th Annual Awards Gala, September 14, 2022
In The Media
Media Mentions
- Day Pitney Honored For Volunteer Work By Nonprofit Org, Law360 Pulse, April 19, 2023
- Diverse Lawyers Network: Industry News, Diverse Lawyers Network newsletter, April 7, 2023
- Greg A. Hayes Named Managing Partner of Day Pitney, Boca Raton Tribune, April 5, 2023
- New Managing Partner at Day Pitney Law Firm, Fairfield County Business Journal, April 4, 2023
- New Leadership Announced at Day Pitney, New Jersey Law Journal, April 4, 2023
- Strategic Growth: Day Pitney Names New Managing Partner; Plans Downtown Hartford Move, Hartford Business Journal, April 3, 2023
- Day Pitney Taps Conn. Atty As New Managing Partner, Law360 Pulse, April 3, 2023
- New Managing Partner, Executives at Day Pitney, Connecticut Law Tribune, April 3, 2023
- People Notes, Rocky Hill Life, November 2022
- Diverse Lawyers Network: Industry News, Diverse Lawyers Network, July 22, 2022
- Day Pitney Attorney Wins South Asian Bar Association Award, Law360 Pulse, July 21, 2022
- Lawyer-Moms Say Flexible Policies Are Key to Success, The Connecticut Law Tribune, April 25, 2019
- We're Calling It: 2019 Is Year of Female Law Partner in Connecticut, Connecticut Law Tribune, January 23, 2019
- Green Bonds Feature in Coming Connecticut GO Sale, The Bond Buyer, November 12, 2015
- Guilford Sells $53M in Bonds to Help Finance High School Project, Guilford Patch, August 8, 2015
- Transportation Bonds Stir Debate about Connecticut Debt, The Bond Buyer, July 31, 2015
- Fitch warms to CT as $500M debt-issue looms, Hartford Business Journal, July 23, 2015
- What You Need To Know As A Summer Associate, Law360, June 17, 2015
Speaking Engagements
- "Bringing Your Authentic Self to Work," University of Connecticut School of Law, November 28, 2022
- "The 10th Anniversary of The Attorneys of Color Symposium," Quinnipiac University School of Law, June 29, 2022
- Breaking Through Ceilings: A Fireside Chat on Gender and Cultural Barriers in the Legal Profession, January 14, 2021
- New England States Government Finance Officers Association Annual Fall Conference, September 24, 2018
- Speaker, "Build America Bonds Under the American Reinvestment and Recovery Act of 2009 and Other Tax Credit Bond Financing Options," Government Finance Officers Association of Connecticut, February 4, 2010, February 4, 2010