Drew’s practice focuses on federal tax and securities laws applicable to municipal bonds. Drew has substantial experience in IRS examination, audit and tax controversy matters for tax-exempt bond issuers and related participants. He provides special tax counsel services to government units, 501(c)(3) organizations, underwriters, banks and borrowers. His tax practice includes advising on swaps, derivatives and advanced financial products for tax-exempt bonds.

Drew also has considerable experience with municipal securities law matters, including SEC regulatory and enforcement matters and Municipal Securities Rulemaking Board (MSRB) regulatory matters. He advises large issuers, major underwriting firms and banks on municipal securities compliance policies and procedures.

Drew also acts as bond counsel, underwriter’s counsel, disclosure counsel, bank counsel and borrower’s counsel on government and 501(c)(3) bond issues.

Drew also has significant experience as tax and securities counsel in connection with tax-exempt bonds used in P3 infrastructure project financings.

Drew is an Adjunct Professor of Law at Georgetown University Law Center, teaching Public Finance: Tax and Securities Aspects.

Bar Admissions

Education
JD, University of Iowa College of Law, with distinction, Articles Editor, Iowa Law Review, 1981

AB, Dartmouth College, magna cum laude, 1977

• Representing cities, counties, school districts, states, hospitals and education institutions in over 75 IRS audits of tax-exempt bonds in the last 15 years, many resulting in no change or adjustment to the tax-exempt status of the bonds.
• Advising numerous governmental bond issuers on tax compliance procedures and policies; represented six issuers in seeking relief from "VCAP" program for bond issuers.
• Advised a major investment banking firm on disclosure policies and procedures for SEC, MSRB and Financial Industry Regulatory Authority (FINRA) compliance purposes; advised a municipal broker-dealer on MSRB rule compliance and recent Dodd-Frank measures.
• Defense of investment banking firms in SEC investigations of municipal bond practices and in connection with underwriting of tax-exempt bonds issues.
• Developed and conducted a comprehensive antitrust compliance program for a Fortune 500 diversified financial services company’s municipal finance department.
• Serve as special tax and bond counsel to top-tier public and private higher education institutions and private secondary schools.
• In Lafayette Life Insurance v. City of Menasha (N.D. Ind 2009), represented the City of Menasha, Wisconsin, in securities class action. Plaintiffs alleged violations of federal securities laws arising out of allegedly misleading statements pertaining to municipal bonds.
• Served as tax counsel in connection with tax-exempt bonds issued to develop and construct the I-495 Capital Beltway HOT Lanes project in Northern Virginia.

• President, 1994-1995; President-Elect, 1993-1994; Treasurer, 1992-1993; Secretary, 1991-1992; Immediate Past President, 1995-1996; Director, 1990-1996; Chairman, Education Committee, 1989-1990; National Association of Bond Lawyers
• Founding Fellow and current Director, American College of Bond Counsel
• Member, Committee on Tax-Exempt Financing, Section of Taxation, American Bar Association (ABA)
• Board of Directors, Dartmouth Partners in Community Service, a Program of Dartmouth College

• Disclosure Roles of Counsel in State and Local Government Securities Offerings, Third Edition, NABL/ABA
• Municipal Financial Journal, published quarterly by Civic Research Institute
• Federal Securities Laws of Municipal Bonds Deskbook, LexisNexis - National Association of Bond Lawyers, First through Fourth Editions