William Rhodes > Ballard Spahr LLP > Philadelphia, United States > Lawyer Profile

Ballard Spahr LLP
United States

Work Department



Partner, Leader of Education Industry Group, Leader of Municipal Recovery Initiative


William C. Rhodes leads the firm’s Education Industry Group and its Municipal Recovery Initiative. Bill regularly represents issuers, broker-dealers, and investors in all areas of public finance, with an emphasis on the offering of high-yield (unrated) municipal securities.

Bill represents clients in the financing of public infrastructure, transportation, project financing, economic development, and public purpose facilities for governments and their authorities. His clients also include public and private secondary schools, colleges, and universities; health care systems; cultural institutions; and municipal- and investor-owned water, wastewater, and energy utilities. He also has extensive experience in affordable housing, including single-family mortgage finance and multifamily, military, and senior housing projects.

Bill regularly advises issuers, underwriters, municipal advisers, and investors in the evolving landscape of municipal securities regulation and enforcement, including regulatory compliance, primary and secondary market disclosures, and enforcement actions.


Colorado, Pennsylvania


Colorado Bar Association

Philadelphia Bar Association

National Association of Bond Lawyers (NABL)

Pennsylvania Association of Bond Lawyers (PABL)

Pennsylvania Economy League, Inc., Board Member

Economy League of Greater Philadelphia, LLC, Board Member

Past board member and former President, Elfreth’s Alley Association, a 501(c)(3) corporation that preserves and interprets Elfreth’s Alley, the nation’s oldest continuous residential street and a National Historic Landmark in Philadelphia


Dickinson School of Law of Pennsylvania State University (J.D. 1991)

Member, Dickinson Law Review

Swarthmore College (B.A. 1987, cum laude)

Lawyer Rankings

United States > Finance > Restructuring (including bankruptcy): municipal

(Leading lawyers)

William RhodesBallard Spahr LLP

Ballard Spahr LLP offers clients an ‘unparalleled‘ service, with advise encompassing municipal bankruptcy and recovery, in addition to buy-side representations, trust instruction proceedings and public finance. Tobey Daluz and Matthew Summers head the team from Wilmington, whilst Vincent Marriott and William Rhodes head the team from Philadelphia. Its team is well equipped to handle Chapter 9, Chapter 7 and Chapter 11 cases pertaining to special districts, senior living facilities and hospital systems. Notable highlights includes its representation of Wells Fargo Bank, NA, in its capacity as indenture trustee, in matters relating to the bankruptcy of Verity Health System and its outstanding municipal bonds exceeding $260m. Other notable individuals include William Wassweiler for his advisory to the Wilmington Trust and Dara Smith for her assistance to the Pennsylvania Economic Development Financing Authority.