Jason M. Breth is a Shareholder in the firm’s Tallahassee office. He represents state agencies, counties, municipalities, school districts, and special districts as bond and/or disclosure counsel, and represents underwriters as underwriters’ counsel, in the financing or refinancing of capital projects (e.g., education projects, general governmental projects, public utility projects, transportation projects, and affordable housing projects), through the issuance of tax-exempt and taxable debt obligations, including general obligation bonds, revenue bonds, certificates of participation, tax credit bonds, and revenue anticipation notes.
As bond counsel, Mr. Breth prepares resolutions, ordinances, indentures, loan agreements, opinions, and other financing documents. Mr. Breth also represents issuers in bond validation trials, most notably the Florida Supreme Court case Miccosukee Tribe of Indians of Florida v. South Florida Water Management District, 48 So. 3d 811 (Fla. 2010), affirming the constitutionality of issuing certificates of participation without holding a public referendum, and the legality of issuing certificates of participation for the purchase of 73,000 acres to restore the Everglades. Mr. Breth also assisted in the preparation of an amicus curiae brief in the Florida Supreme Court case Strand v. Escambia County, 992 So. 2d 150 (Fla. 2008), reaffirming the constitutionality of issuing tax increment financing bonds without holding a public referendum.
As disclosure and underwriters’ counsel, Mr. Breth prepares offering documents, bond purchase agreements, continuing disclosure agreements, material event notices, 10b-5 opinions, and disclosure policies and procedures. Also as disclosure and underwriters’ counsel, Mr. Breth conducts general due diligence of issuers and continuing disclosure due diligence for an issuer’s compliance with its continuing disclosure undertakings under Rule 15c2-12 of the Securities and Exchange Commission.
While at law school, Mr. Breth was a member of the Florida State University Law Review, the Florida State University Business Law Review, and the Phi Delta Phi Honor Society. Mr. Breth was inducted into the Florida State University Chapter of the Order of the Coif, an honor society for law school students who earn a Juris Doctor degree and graduate in the top 10 percent of their class. In May 2004, he graduated summa cum laude from Virginia Tech where he received a Bachelor of Arts in Political Science.