LANCASTER, Pa., February 25, 2022 — Saxton & Stump attorney John McBlain has been elected chair of the board of directors for the Delaware Valley Regional Finance Authority (DelVal). McBlain will serve as chair on the five-person board. DelVal is a public authority formed by Chester, Delaware and Montgomery counties. The authority provides capital funding loans to local governments, school districts and sewer authorities for specific capital projects, as allowed under the Local Government Unit Debt Act.
McBlain, who joined Saxton & Stump as senior counsel in 2021, is well-known in the Delaware valley community. He has served on the Delaware County Council, represented Delaware County on the Delaware Valley Regional Planning Commission and handled a number of significant redevelopment matters for Redevelopment Authority of the County of Delaware. In his law practice, McBlain serves as solicitor or general counsel for governments, municipal authorities, zoning hearing boards and nonprofit organizations. In addition, he represents business and individuals in real estate, land development, zoning and tax appeal matters. McBlain earned his J.D. from Widener University School of Law and his B.A. in political science from Villanova University.
DelVal has originated $3.7 billion of loans to more than 200 local governments in 16 counties. The program credits its success to the low interest costs it is able to offer municipal borrowers. It currently has approximately $1 billion in loans outstanding to more than 120 different localities.
Saxton & Stump’s strategic growth outlook
Having added 53 professionals in 2021, including 22 attorneys, Saxton & Stump has grown to a team of nearly 150 professionals, including 76 attorneys. The firm has added new services and established groups dedicated to white collar defense and environmental, workplace safety and utilities. In addition to bolstering their infrastructure, they have also grown key existing practice areas such as healthcare, senior care, real estate, government affairs and trusts and estates.
The firm continues to grow based on their strategic plan for 2022 and will continue to expand its current team of lawyers and professionals, focusing on bringing additional resources to support client needs.
Saxton & Stump provides solutions for complex legal issues and partners with clients to create a roadmap for their success. The firm is committed to empowering clients by delivering five-star service and results-focused advice.