Christopher W. Compton

Member

Chris focuses his practice on corporate law, primarily federal income tax aspects of state and local obligations including structuring, due diligence, disclosure, documentation, compliance, and opinions. His experience includes new-product development in municipal and structured finance. He also counsels issuers, investment banking clients, and other participants to financial transactions on federal income tax aspects of financing public infrastructure, educational and 501(c)(3) facilities, public-private partnership projects, sports facilities, sustainable and clean energy facilities, community development projects including tax increment financings (TIFs) and special districts, project finance, and economic development projects. Chris provides legal advice to clients regarding all aspects of tax advantaged obligations, from vetting the tax issues on proposed financing structures to assisting issuers with post-issuance compliance matters such as remedial actions, private business use, and unrelated business income analyses.

Chris researches and interprets federal tax regulations, including drafting disclosure and compliance documents. He serves as tax counsel in connection with public and private offerings of tax exempt and taxable obligations for counties, cities, school districts, institutions of higher education, and utility districts. He also counsels various governmental agencies, political subdivisions, and nonprofit entities regarding general corporate matters and legislative and statutory issues including matters related to tax-exempt status and tax-exempt financings. Chris also represents state and local governmental entities in connection with transaction structuring and documentation including drafting bond resolutions, purchase contracts, tax aspects of disclosure documents, tax compliance certificates, and other related documents.

Chris earned his bachelor’s degree from Auburn University. Chris earned his law degree from University of Alabama School of Law and his LL.M. in taxation from New York University School of Law.

 

Experience

News

The Bond Buyer Selects Cozen O’Connor Transaction as P3 Deal of the Year

January 05, 2022

Cozen O’Connor is proud to have served as lead bond counsel in the recently announced Bond Buyer 2021 Public-Private Partnership (P3) Financing Deal of the Year.

Cozen O’Connor Deepens its Corporate Practice Group Bench With Addition of Veteran Tax Attorney Christopher W. Compton

September 10, 2019

Cozen O’Connor welcomed Christopher W. Compton — a seasoned tax attorney who has served as legal counsel on a range of tax-exempt bond transactions worth (cumulatively) in excess of $2 billion — to its Corporate Practice Group.

Publications

New Renewable Energy Incentives for Local Governments & Tax-Exempt Entities [Alert]

September 19, 2022

The Inflation Reduction Act of 2022 extends and expands renewable energy tax incentives.

IRS’ LIBOR Fallback Guidance Provides Limited Reissuance Relief to Tax-Exempt Bond Issuers [Alert]

October 26, 2020

Chris Compton and Jerry Spector discuss IRS proposed regulations allowing the replacement of a LIBOR based rate associated with tax-exempt debt and financial contracts such as swaps with a fallback rate without triggering a reissuance.

Regulatory Relief Granted to Issuers of Tax-Exempt Bonds in Response to the COVID-19 Pandemic

May 06, 2020

Jerry Spector discusses multiple notices and guidance issued by the Treasure and the IRS that impact the bond market.

Education

  • University of Alabama School of Law, J.D., 1996
  • New York University School of Law, LL.M., 1997
  • Georgia
  • Texas
  • New York

American Bar Association

National Association of Bond Lawyers