Photo of Steven M. Frank

Steven M. Frank

Deputy Group Leader, Public Finance

Office

T:
+1.313.496.7503
O:
+1.313.963.6420
F:
+1.313.496.7500
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Education

Ohio State University College of Law, J.D., 2001

Michigan State University, B.A., 1998

Bar Admissions

Steve Frank represents issuers and underwriters in a broad range of traditional and complex tax-exempt financings, including general obligation bonds, lease revenue and general revenue bonds, private activity bonds and commercial paper programs.

His areas of emphasis include public and private colleges and universities, health care organizations, public school districts, nonprofit corporations and public and private utilities. He has counseled clients on a variety of financing structures, including traditional fixed rate, variable rate and multi-modal structures involving various forms of credit enhancement and liquidity support. 

Steve's practice also includes advising school districts and local units of government on election law issues and campaign finance compliance.

Representative Matters

Steve was an integral part of a team that assisted a branch of state government in the development, structuring and negotiation of an innovative plan for the refinancing of a core legislative and administrative office facility.

Steve helped navigate the financing team through state and federal legal issues, secured necessary governmental approvals, successfully negotiated with credit enhancers and ultimately aided in bringing the refinancing to a successful closing. The financing structure, which was the first of its kind in Michigan, yielded substantial savings for the State of Michigan while at the same time allowing the state to take long-term control of the facility.

Honors

DBusiness Magazine, Top Lawyers, Public Finance Law, 2020-present

Best Lawyers in America, Public Finance Law, 2013-present

Michigan Super Lawyers, Bonds/Government Finance, Rising Star, 2010-2016

Ohio State University College of Law, with honors in law; Order of the Coif; Distinguished Merit Scholarship; Articles Editor; Ohio State Law Journal

Michigan State University, with high honors; Outstanding Political Science Senior Award; Dean's Assistantship, College of Social Sciences; Phi Beta Kappa, Phi Kappa Phi

Professional Activities

State Bar of Michigan

National Association of Bond Lawyers