Sealing the Deal: FaegreBD Pilots Ind. Airport P3 Pact

Law360, New York (March 4, 2014, 7:22 PM EST) -- The Gary/Chicago International Airport closed an innovative public-private partnership in January to provide $100 million over 40 years for the development of the northwest Indiana airport under the guidance of a team of Faegre Baker Daniels attorneys.

Partners Rich Hill and Regina Sharrow served as the lead counsel for the airport authority, piloting it to a P3 deal that maintains public control of the airport assets while bringing in private investors and a private company to manage it. The deal guarantees a total $100 million investment...
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