Frank M. Rapoport, a partner in the firm’s New York office, speaks as a panelist at the P3C Public Private Partnership Conference and Expo 2017, February 27- March 1, 2017 at the Sheraton Hotel in Dallas Texas. Mr. Rapoport’s panel was held in the afternoon on Tuesday, February 28, 2017. The session titled, ” P3 Risk Transfer: Myth or Reality” discussed how the transfer of risk is an important element of a P3, but how much is truly understood about those risks that should be transferred and what should be retained by the owner – and why?