Courtney Ellis
PEOPLE

Courtney Ellis

Associate
ellis.courtney@dorsey.com

Overview

COURTNEY HELPS CLIENTS FINANCE NECESSARY INFRASTRUCTURE AND UNDERTAKE TRANSFORMATIVE ECONOMIC DEVELOPMENT PROJECTS.
Courtney represents issuers, underwriters and borrowers in a variety of public finance transactions. She advises state and local government clients regarding the range of financing tools available under state law, and acts as bond counsel on a wide range of revenue bond financings, general obligation bond financings and special district financings. Courtney represents clients with respect to economic development projects leveraging public participation (through tax increment financing or otherwise), including negotiating development agreements, and she has considerable experience in conduit revenue bond financings, including transactions for health care, senior living, higher education and housing. She regularly advises clients with respect to tax, securities and municipal law matters.

Education & Admissions

University of Montana (B.A., 2000), with Honors; Phi Beta Kappa

Georgetown University Law Center (J.D., 2008), cum laude; Executive Editor, Georgetown Law Journal

Admissions

  • New York
  • Montana

Experience

Representative Transactions

  • Bond counsel in connection with $288,545,000 City of Rochester, Minnesota Health Care Facilities Revenue Bonds (Mayo Clinic), Series 2022 and $298,650,000 The Industrial Development Authority of the City of Phoenix, Arizona Health Care Facilities Revenue Bonds (Mayo Clinic), Series 2022
  • Bond counsel in connection with $302,323,000 Allina Health System Taxable Bonds, Series 2021 and $167,770,000 City of Minneapolis Health Care System Revenue Bonds (Allina Health System), Series 2021
  • Bond counsel to the Montana Facility Finance Authority, including in connection with its $93,080,000 Health Facilities Revenue and Refunding Bonds (Bozeman Deaconess Health Services Obligated Group), Series 2021A and 2021B; $71,240,000 Health Care Facilities Refunding Bonds (Kalispell Regional Medical Center Obligated Group), Series 2021; $37,000,000 Health Care Facilities Revenue and Refunding Bonds (Marcus Daly Memorial Hospital Corporation), Series 2021A and 2021B; $26,615,000 Health Care Facilities Revenue Bonds (Community Hospital of Anaconda Project) Series 2021A and 2021B; and $52,735,000 Health Care Facilities Revenue Bonds (Montana Children’s Home and Hospital Project), Series 2020A and 2020B
  • Bond counsel in connection with $400,000,000 City of Grand Forks, North Dakota Health Care System Revenue Bonds (Altru Health System), Series 2021
  • Bond counsel to the University of Montana in connection with $60,000,000 General Revenue Bonds, Series 2022
  • Bond counsel to Montana State University in connection with $117,715,000 General Revenue Bonds, Series G 2021 and Series H 2021 and $9,105,000 Series I 2022
  • Bond counsel to Big Sky Water and Sewer District No. 363, Montana, in connection with its $42,715,929 Sewer System Revenue Bond (Resort Tax Revenue Supported), Series 2021A
  • Bond counsel to the State of Montana, including in connection with its $32,505,000 General Obligation Bonds, Series 2020G; $5,900,000 General Obligation Long-Range Building Program Bonds, Series 2020H; $12,510,000 General Obligation Trust Lands Refunding Bonds (Taxable), Series 2020I; $24,865,000 General Obligation Bonds (Water Pollution Control State Revolving Fund Program, Refunding and Match), Taxable Series 2020J; and Coal Severance Tax Bonds, Department of Natural Resources and Conservation, Renewable Resource Program, consisting of $11,965,000 2020 Refunding Series L Taxable and $2,680,000 2020 Series M Taxable
  • Bond counsel to the City of Billings, Montana, including in connection with its $30,000,000 Airport Revenue Bonds (Passenger Facility Charge Supported), Series 2020A and $3,000,000 Airport Revenue Refunding Bonds (Customer Facility Charge Supported), Series 2020B
  • Bond counsel to the City of Bozeman, Montana in connection with a wide variety of revenue bond, general obligation bond and tax increment financings
  • Bond counsel to the City of Missoula, Montana in connection with a wide variety of revenue bond and tax increment financings
  • Bond counsel to Missoula County, Montana in connection with a wide variety of general obligation, open space, tax increment and special district financings
  • Underwriter’s counsel to Barclays Capital Inc. in connection with the issuance by the City of Missoula, Montana of its $96,680,000 Water System Revenue Bonds, Series 2019A

News & Resources

Select Presentations

 

Industries & Practices

  • Development & Infrastructure
  • Healthcare & Life Sciences
  • Public Finance
  • Public-Private Partnerships
  • Real Estate & Land Use

Professional & Civic

Professional Achievements

  • Member, National Association of Bond Lawyers

Accolades

Contributed 50+ Pro Bono Hours in 2021

  • Contributed more than 50 Challenge pro bono hours, 2021

Chambers USA 2021

  • Named one of “America’s Leading Business Lawyers” by Chambers USA (Corporate/M&A), 2021
Courtney Ellis