RANDALL KULAT 
Counsel

Randall S. Kulat is an attorney in Croke Fairchild’s Public Finance Practice.

With more than 40 years of experience in all types of complex financial transactions, Randy focuses his practice on all aspects of tax-exempt finance, banking, and secured lending matters. Randy has served as bond counsel, underwriter’s counsel, issuer’s counsel, disclosure counsel, borrower’s counsel, trustee counsel, credit facility provider counsel, and bond purchaser’s counsel in many areas of public finance, including private activity bonds, Section 501(c)(3) revenue bonds, special service area financings, tax increment finance, water revenue, pension obligation, general obligation, and alternate revenue financings.

Randy has been involved in both fixed and variable rate bond transactions, taxable and tax-exempt bonds, and private sale as well as public offerings of bond issues for state and local development authorities, counties, and municipalities. His bond experience includes bonds issued by municipalities and other governmental entities in Illinois, Tennessee, Florida, Indiana, Wisconsin, South Carolina, New Hampshire, Pennsylvania, and Delaware.

Randy also has represented national and regional lenders in a variety of loan transactions, including commercial, construction, industrial, and residential real estate development loans, asset-based loans, and other corporate loans. He assists lenders in the workout and restructuring of troubled loans and loan sales. Randy represents borrowers on large loan transactions and acts as local Illinois counsel on multistate transactions. In this capacity, he negotiates complex loan documents and prepares borrower’s counsel opinions. Randy has represented developers and lenders in special service area and tax increment financings.