N. Banu Basaran
Senior Counsel

N. Banu Basaran is a senior counsel in our public finance group with a multifaceted practice spanning municipal finance, federal infrastructure and grant-funded projects, and regulatory and transactional counsel for public sector and nonprofit clients. She regularly serves as bond counsel, tax counsel, or underwriter’s counsel, and also advises clients on disclosure, federal funding compliance, public-private development strategies, and energy and infrastructure finance.
With a focus on balancing regulatory requirements and practical execution, Banu advises clients on the structuring and documentation of tax-exempt and taxable financings, including tax compliance, securities disclosure, bond documents, and offering materials. Banu’s experience includes general obligation, revenue, special assessment, grant anticipation, and conduit issuances, as well as continuing disclosure matters. Banu has also assisted financings for clean water and drinking water infrastructure projects (including state-administered SRF loans), higher education capital improvement projects and State of Michigan’s annual School Aid Revenue Note programs supporting both traditional school districts and public school academies (SAN and PSA SAN).
Banu supports borrowers participating in the USDA-Rural Development Community Facilities (USDA-RD CF) loan program through the entirety of the approval process, including the pre-application, environmental review, and related state and federal compliance documentation. Banu has helped clients evaluate interim and construction financing options, engage lenders and financial institutions, and coordinate financing teams in preparation for conduit bond issuance through state-level authorities.
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- Thomas M. Cooley Law School, LL.M. in Corporate Law and Finance, 2013
- Thomas M. Cooley Law School, LL.M. in Taxation, 2011
- Thomas M. Cooley Law School, J.D. Cum Laude, 2010
- Middle East Technical University, B.S. in Electrical and Electronics Engineering, 1996
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Bar Admissions
- Michigan, 2010
- U.S. Patent and Trademark Office, 2010
- Wisconsin, 2022
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Named a Michigan Leading Lawyer in Public Finance by Chambers USA, 2025
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- Michigan Bar Association, Taxation Section 2010-Present
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Wisconsin Bar Association
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Michigan Women in Finance, Board Member
- National Association of Bond Lawyers
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Assistant Attorney General, Finance Division, Michigan Department of Attorney General
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- Turkish
Areas of client focus
Practices
Federal TaxGovernment Reorganization and RestructuringInfrastructure and Project FinanceNonprofits and Tax-Exempt OrganizationsPublic FinanceTaxIndustries
Education
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