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Alexander L. Scarola is Administrative Shareholder of the Philadelphia office and focuses his practice on public and project finance, and lending. Alex has served as bond counsel, issuer’s counsel, underwriter’s counsel, bank’s counsel, lender's counsel, purchaser’s counsel, disclosure counsel, borrower's counsel and credit enhancer’s counsel in numerous tax-exempt and taxable financing transactions.


  • Project finance 
  • General obligation and revenue financings
  • Utility financings, including water, sewer and gas
  • Higher education financings
  • Health care financings
  • Multifamily housing financings
  • 501(c)(3) financings
  • Student housing financings
  • P3 financings
  • Stadium financings
  • Secured lending
  • Global Energy & Infrastructure



  • $1,065,165,000 The Pennsylvania State University Bonds, Taxable Series D of 2020
  • $11,145,000 Philadelphia Authority for Industrial Development Multifamily Housing Revenue Bonds (Susquehanna Townhome Apartments), Series 2020 
  • $93,415,000 Public Finance Authority Taxable Revenue Bonds (Vonore Fiber Products Sustainable Packaging Project) Series 2019 (Green Bonds)
  • $119,735,000 City of Chicago O’Hare International Airport Special Facilities Revenue Bonds (TRIPS Obligated Group), Series 2018
  • $389,215,000 City of Philadelphia Airport Revenue Bonds, Series 2020
  • $296,555,000 City of Philadelphia Water and Wastewater Revenue Bonds, Series 2020
  • $610,720,000 City of Houston, Texas Combined Utility System First Lien Revenue Refunding Bonds, Series 2020C and Taxable Series 2020C
  • $886,875,000 Commonwealth of Pennsylvania General Obligation Bonds, First Refunding Series of 2019
  • $226,000,000 The Pennsylvania State University Bonds, Tax-Exempt Series A of 2019 and Taxable Series B of 2019
  • $90,255,000 Harris County, Texas Toll Road Senior Lien Revenue Refunding Bonds, Series 2019A
  • $249,550,000 Southern Ohio Port Authority Exempt Facility Revenue Bonds (PureCycle Project), Series 2020 
  • $200,000,000 Rice University Taxable Bonds Series 2020
  • $126,130,000 Pennsylvania Economic Development Financing Authority Exempt Facility Revenue Bonds (KDC Agribusiness Fairless Hills LLC Project) Series 2020
  • $89,175,000 Calhoun County Navigation Industrial Development Authority Facility Senior Revenue Notes (Max Midstream Texas, LLC Project), Series 2020
  • $31,920,000 Arizona Industrial Development Authority Revenue Bonds (Provident Group – Harlingen Convention Center Hotel Project) First-Tier Series 2019A-1 (Taxable) First-Tier Series 2019A-2, Second-Tier Series 2019B and Third-Tier Series 2019C
  • $231,950,000 Kentucky Economic Development Finance Authority Senior Revenue Bonds (Next Generation Kentucky Information Highway Project) Series 2015A to finance a Public-Private Partnership (P3) to bring high-speed Internet to all 120 of Kentucky’s counties. The bond offering was selected as The Bond Buyer's 2015 "Deal of the Year."

Recognition & Leadership

  • Listed, The Best Lawyers in America, Public Finance Law, 2021-2022
  • Listed,Super Lawyers magazine, Pennsylvania Super Lawyer, 2015-2021
    • "Rising Star," 2005-2006 and 2011-2014
  • Member, Winning Team, Global M&A Network’s Turnaround Atlas Awards, “Chapter 11 Restructuring, Mid-Market Segments (100-250)” for the restructuring of Lombard Public Facilities Corporation, 2019
  • Member, Winning Team, TMA Chicago/Midwest Awards Program, “Small Transaction of the Year” for the restructuring of the Lombard Public Facilities Corporation, 2018
  • Member, Board of Directors, Central Philadelphia Development Corp., 2021-Present
  • Member, Pennsylvania Bar Association
  • Member, National Association of Bond Lawyers
  • Member, Pennsylvania Association of Bond Lawyers


  • LL.M., Taxation, New York University School of Law, 2000
  • J.D., University of Baltimore School of Law, 1999
  • B.A., University of Delaware, 1996
  • Pennsylvania
  • Maryland
  • New Jersey