Lisa A. Gorab is President and Managing Director of Wilentz, Goldman & Spitzer, P.A., leading all aspects of the firm’s practice and operations.
As Chair of Wilentz’ prominent public finance team, Ms. Gorab represents dozens of government agencies and authorities, municipalities, counties, improvement authorities and school districts throughout New Jersey, advising them as bond counsel in all aspects of their capital financing and related governmental requirements. Her clients rely on her ability to structure and implement a full range of tax-exempt and taxable financing transactions for the issuance of: municipal debt obligations, including general obligation notes and bonds; school bonds and lease transactions; revenue bonds for publicly owned utilities and other facilities, including water, sewer, solid waste disposal, resources recovery, pollution control and parking facilities; economic development bonds; health and university facility bonds and other 501(c)(3) corporation bonds and renewable energy financings and related requirements.
Ms. Gorab has played a key role in financings that have funded a variety of development and redevelopment improvement projects throughout the State of New Jersey. In particular, Ms. Gorab has extensive experience in the following areas:
Large-scale redevelopment projects include public/private partnerships and water privatizations. Ms. Gorab and the Public Finance team have participated in both competitively bid and negotiated transactions as bond counsel, working closely with Wilentz public utilities and redevelopment attorneys to provide the most comprehensive services.
School and Construction Finance
Keeping abreast with education law provisions and underlying regulations pertaining to school facilities construction programs, Ms. Gorab and the Public Finance team regularly guide school boards through voter education processes to promote passage of referendums and ensure compliance with state law as well as coordination with municipal officials. Through the issuance of school bonds, she also helped schools undertake needed improvements that provided a better learning environment for New Jersey students.
Energy Improvement Finance
Well versed in the provisions of the law surrounding financing alternatives, Ms. Gorab and the Public Finance team have been instrumental in structuring solar projects that have saved school districts hundreds of millions in energy costs through the installation of solar panels. In 2017, they guided the Middletown Board of Education through performance financing that will fund installation of solar panels on 17 of its school facilities, saving the school district an estimated $6 million in energy costs over the next 15 years. The team also served as bond counsel in the first ever “Clean Renewable Energy Bond” (CREB) financing in New Jersey.
In 2018, Ms. Gorab was named by The New Jersey Law Journal as one of the 2018 Top Women in the Law. She is among the 20 female attorneys named to the list “who have influenced the law and legal profession in exceptional ways.” In November 2017, Governor-elect Philip D. Murphy named her as member of his administration’s transition team, on the Law and Justice committee. In that capacity, Ms. Gorab advised Governor-elect Murphy regarding policies for promoting pay equality for women as the new administration was preparing to take office in 2018. Ms. Gorab resides in Westfield, NJ.
Ms. Gorab has been a shareholder at the firm since 1997. Before joining Wilentz and while enrolled as a full-time law student, she served as assistant vice president of commercial lending at United Jersey Bank. In that capacity, she provided credit facilities to companies and individuals that ignited the spark of redevelopment and the sweeping resurgence of Hoboken and Jersey City in the late 1980s through the early 1990s.
Ms. Gorab wrote Bankruptcy In Bridgeport: Could It Happen To You? and has lectured extensively in the area of public school facilities financing and the financing of renewable energy projects.
Also of Interest
- January 25, 2021Wilentz, Goldman & Spitzer Elects Lisa A. Gorab as President and Managing Director
- March 30, 2020CARES Act Establishes the SBA’s Paycheck Protection Loan Program—A Lifeline for COVID-19 Impacted Businesses
- February 28, 2020Lisa A. Gorab and Tony Solimine to Present on Energy Savings Improvement Programs at New Jersey School Boards Association
- August 26, 2019Wilentz, Goldman & Spitzer Ranks as the No. 2 Bond Counsel in New Jersey in First Half of 2019