Mark H. Vacha

Member

Philadelphia

(215) 665-6975

(215) 665-2013

Mark has served as bond counsel, disclosure counsel, and underwriter’s counsel, handling municipal bond transactions involving cities, counties, state, and commonwealth level entities, industrial and economic development authorities, and nonprofit entities, including hospitals, universities, and museums. He also works as counsel in taxable bond transactions, debt restructurings, working capital financings, municipal securitizations, tax increment and special assessment district financings, and municipal derivative transactions.

Mark particularly focuses on matters related to disclosure and security law developments and served on the National Association of Bond Lawyers Securities Law Committee. He has spoken on developments in this area before the Council of Development Finance Agencies, the Pennsylvania Municipal Authorities Association, and the Government Finance Officers Association of Pennsylvania (GFOA) East Chapter. He also has presented webinars and podcasts on public finance, including developments in securities law and Chapter 9 of the Bankruptcy Code.

Mark received his undergraduate degree from Kenyon College. He earned his law degree from the University of Virginia School of Law. 

Experience

Publications

It Might Not Be That Hard Being Green in the Muni Market [The Ledger]

September 01, 2021

Mark Vacha authored an article in the 2021 Winter Issue of The Ledger for the Government Finance Officers Association of Pennsylvania discussing the differences between green bonds and traditional bonds.

Current Labors to Build a Post-LIBOR Marketplace

December 10, 2020

Mark Vacha authored an article in the 2020 Fall Issue of The Ledger for the Government Finance Officers Association of Pennsylvania addressing the current labors to build a post-London Interbank Offered Rate (LIBOR) marketplace.

A Survey of Selected Recent SEC Guidance Helpful for Municipal Securities Disclosure

August 20, 2020

Mark Vacha authored an article published in The Ledger, that provides issuers with an overview of a sampling of recent SEC guidance for purposes of disclosure for public bond and other debt offerings.

There’s A New Investor that’s Come to Town in the Municipal Debt Markets

March 30, 2020

Mark Vacha and Scott Mehok discuss the framework for the U.S. Treasury and Federal Reserve System to introduce supra-institutional investors into the municipal securities markets created by the CARES Act.

The SEC Adopts Rule 15c2-12 Amendments Regarding Material Financial Obligations: Some Initial Q&A [Public & Project Finance Alert]

August 27, 2018

Mark Vacha, Jon Ballan, and Suzanne Mayes discuss the two new categories of listed events that require continuing disclosure material event notice filings by issuers or obligated persons.

Cues Municipal Markets Can Take from Corporate DRIP Investing Programs [The Ledger]

July 12, 2017

Mark Vacha discusses potential DRIP benefits for municipal markets in The Ledger.

Events & Seminars

Past Events

Public Finance in a New Administration

August 30, 2021 - State College, PA

GFOA of PA - Eastern Chapter Meeting

February 15, 2018 - West Chester, PA

Recent Tax and Securities Law Developments

April 28, 2017 - Richmond, VA

Education

  • University of Virginia School of Law, J.D., 1996
  • Kenyon College, A.B., 1992
  • New York
  • Pennsylvania
  • Virginia
  • Government Finance Officers Association of Pennsylvania
  • National Association of Bond Lawyers
  • Pennsylvania Association of Bond Lawyers