Philly law firm picked to serve as Pa. bond counsel

Saul Ewing was selected to represent the state of Pennsylvania in its first-ever competitive bidding process for bond counsel. The Philadelphia-based firm will handle the legal work for an upcoming general obligation debt issuance for which the proceeds will be used to refinance existing debt, fund transportation projects and support various capital improvements. Pennsylvania Gov. Tom Wolf signed an executive order that created the competitive procurement process for selecting bond counsel as part…