Three law firms cash in on $511m Brooklyn Arena bond sale

Three law firms earned nearly $5.7 million in fees advising on last month's bond sale used to finance construction of the Nets' arena at the Atlantic Yards project in Brooklyn. Mintz, Levin, Cohn, Ferris, Glovsky and Popeo earned $2.73 million as bond counsel to the Brooklyn Arena Local Development Corporation. Nixon Peabody, which represented lead underwriter Goldman Sachs billed $2.33 million. Mintz's team was headed by Jonathan Ballan, and Nixon's was headed by partners Mitchell Rapaport and Peter White. Fried, Frank, Harris, Shriver & Jacobson represented developer Forest City Ratner Companies on the financing of the Barclays Center arena, which will be the future home of the Nets. Arthur Kaufman and Emil Buchman led Fried Frank's team.

Three law firms cash in on $511m Brooklyn Arena bond sale law.com Thu, Jan 28, 2010