Attorney
Karol Denniston
Creative problem solver with road tested experience in avoiding and resolving complicated disputes; municipal restructuring lawyer adept at avoiding bankruptcy, monetizing assets and renegotiating contracts.
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Specialties & Experience
Family Law
About Karol Denniston
As a former member of Squire Patton Boggs' Global Board and the firm's Global Projects Partner, I am responsible for our ongoing expansion of global infrastructure projects from inception to completion and beyond. This includes a lot of creative problem solving with our Public Policy Team and our Public Infrastructure and Finance Team. I have a long history in infrastructure finance and development and broad knowledge acquired as a restructuring lawyer charged with righting troubled projects. This experience supports our clients negotiating at all stages of project development and helps to ensure that project agreements, concession agreements and other agreements governing a project are practical, consistent and user friendly. P3 projects require ongoing negotiation to be successful and good project documents are critically important to the process. My restructuring experience is a strong advantage for our clients. For the last 12 years I have been representing clients in municipal restructurings with a focus on negotiating resolutions, including Puerto Rico PROMESA restructurings for the Government Development Bank and COFINA. We recently assisted the US Virgin Islands with its historic $995 million bond issuance and securitization of rum tax proceeds which provided funding for the Territory's retirement system. Currently, we are working on a variety of projects for higher education institutions, healthcare and other government entities. Whenever possible I use negotiation and mediation skills to build bridges to solutions and resolve disputes before insurmountable damage results making restructuring more challenging if not impossible. I am very pleased to be one of the Legal 500's municipal restructuring Leading Lawyers.
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