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Overview

Namita Shah, chair of Day Pitney’s Private Equity and Finance business unit, practices in the area of public and private finance. Namita serves as the primary attorney in Day Pitney's roles as Lead Bond Counsel and Lead Disclosure Counsel for the State of Connecticut. She has acted as bond counsel, disclosure counsel, borrower’s counsel, underwriter's counsel and trustee's counsel on general obligation, special revenue and conduit financings throughout the region. She has extensive experience with general state and municipal law as well as laws relating to state agencies and authorities. She frequently drafts state legislation on a range of matters, including the authorization of economic recovery notes and GAAP deficit bonds as well as state legislation to ensure compliance with new federal requirements and regulations. Her institutional finance and commercial lending work includes secured and unsecured bank lending, asset-backed structured financing and private placements of secured and unsecured senior and mezzanine debt.

Namita is a member of the firm’s Executive Board, Diversity and Inclusion Committee and leadership team for Day Pitney Diverse Attorneys.

Experience

Representation of the State of Connecticut as bond counsel, disclosure counsel and lead counsel in numerous bond issuances

Served as lead bond counsel and lead disclosure counsel in the State of Connecticut's largest bond sale in its history, almost $2.3 billion State of Connecticut Taxable General Obligation Bonds (Teachers' Retirement Fund 2008 Series A - Current Interest Bonds) (Teachers' Retirement Fund 2008 Series B - Capital Appreciation Bonds). The bonds were marketed in the United States and Europe, and were listed on the Luxembourg Stock Exchange. A special website was established for investors

Served as lead bond counsel in the State of Connecticut’s first issue of Social Bonds, $300 million State of Connecticut General Obligation Bonds (2021 Series B) (Social Bonds)

Served as lead bond counsel in the State of Connecticut's first issue of Green Bonds, $60,000,000 State of Connecticut General Obligation Bonds (Green Bonds, 2014 Series G)

Served as bond counsel on each series of revenue bonds issued by the Connecticut Health and Educational Facilities Authority for the Connecticut State University System. Each issue was secured by a state supported special capital reserve fund and sold competitively to finance a wide variety of facilities including dormitories, student centers, food service facilities and other auxiliary buildings

Served as underwriter's counsel in connection with the refunding of bonds issued by the New York Convention Center Development Corporation to finance the Jacob K. Javits Convention Center which were secured by a hotel unit fee and a guaranty by the State of New York Mortgage Agency

Served as Lead Bond Counsel and Disclosure Counsel in the conversion of the State of Connecticut's $280,000,000 General Obligation Bonds (2005 Series A) from a Weekly Rate Mode to SIFMA Index Bonds. The transaction involved not only the conversion to the new mode, but required an amendment of the bonds to add the new SIFMA mode, accomplished by triggering a mandatory tender by converting the bonds to a permissible mode, obtaining the purchaser's consent to amend the bonds while the bonds were held by the purchaser, and converting the Bonds to the newly added mode pursuant to the terms of the amended Bonds. The challenges involved in the transaction included numerous state law compliance issues, time-sensitivity, financial structuring issues and terminating an existing standby bond purchase agreement and remarketing agreement

Representation of borrowers as borrower's counsel in public finance transactions, including in transactions over $1 billion

Representation of trustee banks as trustee's counsel in public finance transactions

Representation of underwriters as underwriters' counsel in public finance transactions

Representation of institutional investors in private placements of secured and unsecured senior and mezzanine debt

Representation of banks in both secured and unsecured financings

Education and Credentials

Education

  • Boston University School of Law, J.D., magna cum laude, 1996
  • University of Connecticut, B.S., magna cum laude, 1993

Admissions

  • State of Connecticut

Affiliations

  • American College of Bond Counsel, Fellow
  • Connecticut Bar Association
  • Connecticut Bar Foundation, James W. Cooper Fellow
  • Government Finance Officers Association of Connecticut
  • National Association of Bond Lawyers
  • South Asian Bar Association of Connecticut (SABAC), President, 2018-2020

Languages

  • Hindi

Recognition and Community

No aspect of this advertisement has been approved by the highest court of any state. Prior results do not guarantee a similar outcome. See Awards Methodology.

Recognitions

Recipient of the South Asian Bar Association of Connecticut's Trailblazer Award, 2024

Recipient of a South Asian Bar Association of North America's Cornerstone Award, 2022

Chosen for inclusion in The Best Lawyers in America (Woodward/White, Inc.) for Public Finance Law, 2023-2025

Honored as a "Woman Worth Watching" by the Profiles in Diversity Journal, 2017

Recognized as a "Woman of Power" by the Urban League of Southern Connecticut, 2014

Community Involvement

Connecticut Bar Foundation, Board

Greater Hartford Legal Aid, Board

Pro Bono Partnership, Advisory Board

South Asian Bar Association of Connecticut, Advisory Board

In The Media

Media Mention

Namita Tripathi Shah Latest News and Insights

October 30, 2024
2024 Annual Gala, Connecticut Asian Pacific American Bar Association

On October 30, Day Pitney was a proud sponsor of the Connecticut Asian Pacific American Bar Association's 2024 Annual Gala. The event was held at The Pond House Café, located in the Elizabeth Park Conservatory, Hartford CT.

April 2, 2024
Day Pitney Announces New Leadership Appointments

Day Pitney Press Release

November 8, 2023
Day Pitney Receives Corporate Award at the Connecticut Hispanic Bar Association's Annual Dinner

On November 8, Day Pitney was the proud recipient of the 2023 Corporate Award from the Connecticut Hispanic Bar Association.

April 3, 2023
Gregory A. Hayes Named Managing Partner of Day Pitney

Day Pitney Press Release

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