Val DiGiorgio handles all legal aspects of financial services, including commercial lending and tax-exempt financing for 501(c)(3) entities, governmental units and other entities. He regularly advises banks and financial institution clients on state and federal regulatory issues, including consumer compliance and broader financial issues. He has served as bond counsel and has represented governmental issuers and authorities, letter of credit providers, as well as underwriters and borrowers in dozens of tax-exempt financings with an aggregate value in excess of $3.5 billion.
Mr. DiGiorgio has served as the firm’s lead attorney in many sophisticated and complex transactions, ranging from financing for large corporations and universities to acquisitions by commercial banking clients. These transactions often require the resolution of an array of real estate, credit and tax issues.
Financing facilities for local universities and private secondary and elementary schools is another important component of Mr. DiGiorgio’s practice. These transactions often involve the resolution of significant federal tax and constitutional law issues, in particular, when the financing is for the benefit of elementary and secondary schools affiliated with, or sponsored by, religious institutions. The firm has taken a leading role in developing a framework for analyzing the viability of financing religiously affiliated schools under the changing landscape of First Amendment law on this subject matter.
Mr. DiGiorgio’s practices also include commercial lending, banking compliance, and federal and state lending law. He oversees the loan collection and real estate foreclosure activities of various banking and other lender clients.
Additionally, Mr. DiGiorgio is a member of the firm’s Government & Public Affairs Practice Group. In this capacity, he provides services including business development and securing and documenting public sector financing.
Mr. DiGiorgio’s client representations include:
Mr. DiGiorgio was appointed to serve as counsel to Gov. Tom Corbett’s Transition Team, overseeing the Corbett Administration’s transition efforts for the Banking Department, Department of Community and Economic Development and Insurance Department.
- serving as bond counsel in connection with the issuance of a $650 million state bond issue
- advising financial institution clients regarding compliance with state and federal regulatory matters, including the Fair Credit Reporting Act, Truth-in-Lending, Real Estate Settlement Procedures Act, Dodd-Frank Act and other state and federal consumer protection laws
- advising banking and credit union clients with regard to the electronic delivery of consumer compliance disclosures over the Internet
- advising and representing financial institution clients in connection with the establishment of subsidiaries and affiliates to perform various services for customers
- representing nonprofit community organizations before state legislators and governor’s staff regarding state capital budget funding for construction of the nonprofit client’s new facilities
- representing depository institutions, mortgage bankers and brokers before state regulators in connection with licensing and other regulatory matters
In addition, Mr. DiGiorgio was recognized as “an up and coming star in Pennsylvania politics,” by The Legal Intelligencer’s “50 on the Fast Track.” He was one of only 50 lawyers chosen from hundreds of nominations, and was recognized for his significant career achievements and his promising potential to serve as a leader of the Pennsylvania bar.
Mr. DiGiorgio serves as chairman of the Chester County Republican Party and was recently named by PoliticsPA as one of the state’s “Best County Party Chairs.” In 2009, Mr. DiGiorgio was re-elected as controller of Chester County, Pa. He also serves as solicitor for the Uwchlan Township Industrial Development Authority (IDA) in Chester County. The IDA serves as a conduit borrower for tax-exempt borrowings and bond issuances on behalf of nonprofit entities and manufacturing companies.
Prior to joining Stradley Ronon, Mr. DiGiorgio served as chief of staff to Sen. Melissa A. Hart of the Commonwealth of Pennsylvania and as counsel to the Pennsylvania Department of Banking during the Ridge Administration. His professional experience also includes the Federal Deposit Insurance Corporation (FDIC), where he worked as a bank examiner, analyzing institutional compliance with federal rules and regulations.