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Miller Canfield Lawyers Participate in Panel Discussion on Building and Financing Sports and Entertainment Venues
Miller Canfield principals Stephen G. Palms (Ann Arbor, Mich. office) and Steven F. Stapleton (Grand Rapids, Mich. office) recently participated in a panel discussion on “The Art of the Deal: Building and Financing Sports and Entertainment Venues” at the American Bar Association Sections of State and Local Government and Public Contract Law Spring Meeting in Philadelphia.
The panel explored creative financing tools available to state and local governments, including public/private partnerships that can be shaped to attract or retain professional sports franchises.
Miller Canfield has a long history of serving as legal counsel on complex project financings for sports arenas and convention facilities around Michigan and the U.S., including most recently, two hockey-related facilities. The firm played a prominent legal role in the development of Comerica Park, home of the Detroit Tigers, as well as large-scale construction projects such as Ford Field, Detroit Metropolitan Airport and One World Trade Center in New York.