Member
Business
J.D. Washington & Lee
B.A. West Virginia University
Office:
Charleston, WV
(304) 353-8196
Biography
John Stump concentrates his practice in the areas of municipal bonds, project finance, economic development and utility regulation. Mr. Stump's experience includes significant involvement in tax-exempt and taxable bond issues of all types, a variety of economic development projects, and providing legal representation to utilities, financial institutions, and municipal and other public bodies.
Mr. Stump has extensive experience as bond counsel, underwriter's counsel, and issuer's counsel for tax-exempt and taxable bond issues for public works of state agencies, counties, municipalities, and public service districts, as well as conduit financings for 501(c)(3) corporations, private educational institutions, and industrial development projects.
Mr. Stump has represented a number of companies, ranging from Fortune 500 international conglomerates to privately held start-ups, in the negotiation and identification of state economic development incentive packages. He has negotiated, and implemented, all types of development incentives, including Tax Increment Financing, Economic Opportunity Districts and Tourism Development Credits.
Mr. Stump regularly represents utilities before regulatory agencies. His experience includes testifying as an expert witness before regulatory agencies on project financing issues.
Memberships & Awards
Professional
Peer Review Rated AV by Martindale-HubbellChambers USA America's Leading Lawyers for BusinessBest Lawyers® 2021 Charleston, WV Government Relations Practice, Lawyer of the YearBest Lawyers® 2019 Charleston, WV Project Finance Law, Lawyer of the YearBest Lawyers® 2015 Charleston, WV Government Relations Practice, Lawyer of the Year The Best Lawyers in America®, Economic Development Law (2020-Present), Government Relations Practice (2013-Present), Municipal Law (2010-Present), Project Finance Law (2008-Present), Public Finance Law (2007-Present), Securitization and Structured Finance Law (2010-Present)National Association of Bond Lawyers
Key Experience
Represented a national developer in the creation of the first stand-alone community enhancement district (assessment district) in West Virginia for a 1,200 unit high-end, second home development. Work included financial structuring, legislative modifications and local government representation. The entire investment was in excess of $1.0 billion.
Represented an international manufacturing conglomerate in the location of a more than $175 million manufacturing facility, including negotiation, structuring and closing of financial incentives and structuring and documenting PILOT transaction
Served as bond counsel for the issuance of the first water revenue bonds secured solely by capacity improvement fees in the State of West Virginia
Speaking Engagements
Mr. Stump presents at conferences on topics such as public finance, economic development, and legislative issues to audiences, including utility trade associations, municipal leagues, economic development organizations and utility groups.