Mary Reichert’s practice areas include municipal finance, tax-exempt organizations and specialized employee benefit matters including government pension plans and employee stock ownership plans.
Ms. Reichert’s municipal finance practice includes serving as tax counsel in connection with more than $500 million in new money financings; current refunding and advance refunding tax-exempt issues, including the 1986 and 1988 St. Louis Convention Center Financings; structuring ruling requests and holding conferences with Treasury officials in connection with tax issues relating to public finance matters; significant experience in transition-rule financings such as the St. Louis Kiel Center financing; organizing and structuring the St. Louis Public Development Corporation I and affiliates multi-family housing transactions; representing numerous municipal bond issuers in connection with audits conducted by the Internal Revenue Service; serving as lead counsel for the bondholders in the consolidated action Harbor Bancorp & Subsidiaries and Edward J. & Elena Keith v. Commissioner of Internal Revenue. That case represents the first time the Commissioner of the Internal Revenue Service litigated its right to tax bondholders of municipal obligations which the IRS determined were not tax exempt. Ms. Reichert also served as special tax counsel to Ira Weiss in an Order Instituting Proceedings brought by the SEC in 2004. In February 2005, Judge McEwen dismissed all of the charges brought by the SEC In The Matter of Ira Weiss.
Ms. Reichert has worked with the National Office of the IRS in connection with ruling requests for tax-exempt organizations, including organizations with special needs in health care and affiliated group structures. She has significant experience in bankruptcy and workout matters and advising indenture trustees relating to tax-exempt financing transactions.
In addition to her financing practice, she is a member of the National Association of Bond Lawyers ("NABL") and is a frequent panelist at NABL workshops on public finance, including tax enforcement panels.
Bar and Court Admissions
Missouri, 1978
Illinois, 1975
United States Court of Appeals for the Ninth Circuit
United States District Courts for the Northern District of Illinois and Eastern District of Missouri
United States Tax Court
Education
Washington University, LL.M., 1981
Chicago-Kent, J.D., 1975
University of Notre Dame, M.A., 1968
College of St. Catherine, B.A., 1966