Alina Arbuthnot
Associate
PROFILE
EXPERIENCE
AFFILIATIONS

Alina’s Profile

Alina is a member of the Public Finance practice group at Maynard Cooper. She has experience as bond counsel, borrower’s counsel and bank counsel in numerous public finance transactions, including the financing or refinancing the construction of assisted living, educational and manufacturing facilities. She has represented clients in business formation, mergers and acquisitions and general corporate matters. Alina also assists clients in developing estate plans and in probate administration.

Prior to joining Maynard Cooper, Alina worked for another national firm where she served as bond counsel in 8 tax exempt and taxable bond issuances totaling $300+ million to fund the acquisition and construction of new senior living facilities. She also performed due diligence, drafted disclosure schedules and corporate resolutions, and facilitated the $18 million sale of 20+ cellular phone stores primarily in Florida.

Alina received her J.D. with an Estate Planning Certificate and graduated cum laude from the University of Florida Levin College of Law. While there, she received book awards in Estates and Trusts as well as in Elder Law. Alina also served as an executive board member of the Law College Council. Prior to attending law school, Alina studied at the University of South Carolina where she was both a McNair Scholar and a Lieber (National Merit) Scholar. She graduated magna cum laude with a B.A. in Political Science and English from the South Carolina Honors College.

Alina’s Experience

Public Finance/Lending

  • Industry experience includes Senior Living; Parochial and Charter Schools; Small Manufacturers; Multifamily Housing; City, County and Statewide Issuers; National Banks
  • Drafted all bond documents (including tax documents and forms) and reviewed all other transaction documents while serving as bond counsel in 8 tax exempt and taxable bond issuances totaling $300+ million to fund the acquisition and construction of new senior living facilities
  • Communicated with issuers and government entities, drafted resolutions and notices and attended public hearings to obtain 147(f) approval of projects
  • Represented national banks in purchase of tax exempt bond issuances of $5-$15 million (manufacturing facilities and 501(c)(3) educational facilities)
  • Represented developers/borrowers in 5 tax exempt and taxable bond issuances to fund the acquisition and construction of new senior living facilities totaling $200+ million and the acquisition/rehabilitation of 501(c)(3) educational facilities totaling $20 million, including drafting opinions and written actions/resolutions
  • Represented trustee in defeasance of senior bonds and subordination of junior bonds (in the original par amount of $120 million) to new senior debt for 3 senior living communities
  • Reviewed documents and advised trustee in issuance of bond anticipation notes in the par amount of $13.8 million for the development of a senior living community associated with a large public university
  • Drafted bond resolution and financing instrument while serving as underwriter’s counsel for issuance of $5 million in refunding sewer revenue bonds by small issuer
  • Sole attorney representing national bank in $6 million commercial loan secured by fleet vehicles and accounts receivable
  • Assisted in drafting and reviewing private placement memorandum in $5 million initial equity financing of angel fund focused on Florida companies
  • Drafted transactional documents and opinion support materials and perform due diligence on 3 $15+ million debt financings of Florida tax certificate investment funds
  • Facilitated approximately 10 in-person closings of bond issuances and commercial loans

Corporate

  • Industry experience includes Senior Living Developers and Operators, Tax Certificate Investment Funds, Credit/Prepaid Cards, Internet Time Share Marketing, Shopping Centers, Fleet Monitoring, Charter and Parochial Schools, Multifamily Housing, Virtual Simulation/Gaming, Cellular Phone Sales, Beverage Machinery Manufacturing, Lighting Manufacturing
  • Served as Florida counsel, including drafting all reorganization documents and resolutions, in $20 million reorganization and recapitalization of chain of casual breakfast franchise restaurants in Florida
  • Performed due diligence and facilitated $18 million sale of 20+ cellular phone stores primarily in Florida, including drafting disclosure schedules and corporate resolutions
  • Drafted transactional documents and opinion support materials and perform due diligence on 3 $15+ million debt financings of Florida tax certificate investment funds
  • Completed due diligence, drafted disclosure schedules and resolutions and assisted in drafting of transactional documents for $20 million divestiture of time share internet sales business
  • Represent developers in 5 tax exempt bond issuances to fund the acquisition and construction of new senior living facilities totaling $200+ million
  • Performed real estate and asbestos liability due diligence for buyer in preparation of a $2.5 million majority stock acquisition of target distressed manufacturing facility
  • Assisted in drafting and reviewed private placement memorandum in $5 million initial equity financing of angel fund focused on Florida companies
  • Reviewed leases and drafted lease abstracts for refinancings of large, upscale shopping centers in Florida and Alabama
  • Represented micro cap companies and start-ups in entity formation/reorganization and general corporate governance, including drafting and reviewing stock purchase/membership interest redemption agreements, asset purchase agreements, operating agreements/bylaws, articles of incorporation/organization, articles of merger, resolutions/written actions, NDAs, employment/independent contractor agreements, service agreements, real estate purchase agreements and security agreements/mortgages

Alina’s Affiliations & Civic Involvement

  • Alabama State Bar
  • Florida State Bar
  • National Association of Bond Lawyers
  • Women in Public Finance
CONTACT
T 205.254.1111
vCard
Assistant
Brenda Morris
RELATED INDUSTRIES & SERVICES
BAR ADMISSIONS
State Bar:Alabama, Florida
EDUCATION
University of Florida Levin College of Law (2014, J.D., cum laude, Book Award – Estates and Trusts and Elder Law)
University of South Carolina (2010, B.A., magna cum laude, English and Political Science, McNair Scholar, Lieber (National Merit) Scholar)