WSHC+B partners Matt Mandel and Ed Guedes recently represented multiple Florida counties before the Florida Supreme Court in a case involving insufficient notice for a $5 billion bond validation hearing.
The Florida counties and tax collectors petitioned the Florida Supreme Court to modify a 2022 $5 billion bond validation judgment issued in favor of the Florida PACE Funding Agency. The petitioners argued the trial court exceeded its jurisdiction and that they were not given proper notice of the bond validation hearing, which they claim left the vast majority of Florida counties unaware of the proceedings. The petitioners relied on Florida Rule of Civil Procedure 1.540(b), arguing that it allows for relief from a final judgment in cases of voidness, mistake, newly discovered evidence, or fraud.
WSHC+B’s experience in public finance and bond validation positions the firm as a key player in navigating these challenges. Their involvement in earlier PACE bond validations has set important precedents, contributing to the legal framework that governs these programs today.
Learn more here: https://www.law360.com/articles/1885940/fla-counties-say-notice-was-insufficient-in-5b-bond-deal
