McCall, Parkhurst & Horton L.L.P.


Firm  Profile

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McCall, Parkhurst & Horton L.L.P. has practiced exclusively in the area of public finance law since its inception in 1919. A national leader in the field of public finance law, since 1985 the firm has been ranked among the top  law firms in the country in the principal amount and number of municipal bonds approved. The firm was the first in Texas to render an approving bond opinion acceptable to the national securities markets.  The firm has offices in Dallas, Austin and San Antonio. For a list of attorneys in each office, please refer to the office link for the respective office.

Each attorney and support staff member works in the firm’s public finance practice. The firm has available to it over 300 cumulative years of legal experience in public finance law. Biographies of the attorneys with the firm can be accessed by going to the Attorneys link on the website. The firm’s practice encompasses such diverse areas in public finance as water development and conservation, secondary and higher education, transportation, health care, general municipal government and economic development. The firm has been a leader in developing legal structures, financial instruments such as interest rate swap agreements, insurance agreements,  and interest rate caps, floors and collars, to serve the needs of our clients.

Members of the firm have drafted constitutional amendments and statutes in all areas of public finance law.  The firm played an active role in the codification of over 70 years of accumulated public finance statutes into the Public Securities Title of the Texas Government Code.

The firm has served as bond counsel on a number of transactions that have been recognized for their unique contributions to and impact on public finance.  The $2.2 billion Texas Turnpike Authority Central Texas Turnpike System financing was recognized by The Bond Buyer as the Southwest Region “Deal of the Year” in 2002, and the $310 million Love Field Airport Modernization Corporation – Love Field Modernization Project was recognized by The Bond Buyer as the Southwest Region “Deal of the Year” in 2011.  In 2010, project financing for improvements to the “LBJ Freeway” in the Dallas metropolitan area was recognized as the North American P3 transaction of the year by Infrastructure Investor and the North American Project Bond Deal of the Year by Euromoney Project Finance.