June 22, 2009

Venable Expands New York Bankruptcy Practice with Addition of New Partner Jorian Rose

4 min

Mr. Rose brings tremendous experience with distressed and healthy transactions, as well as traditional Chapter 11 bankruptcy work in complex matters on behalf of debtors, creditors and creditors' committees


NEW YORK (June 22, 2009) - Venable LLP announced that bankruptcy and restructuring attorney Jorian Rose has joined the firm’s New York office as a partner. Mr. Rose was most recently a Managing Director at Macquarie Capital (USA), Inc., where he advised the global investment firm both as an attorney and a principal.

Mr. Rose has extensive experience representing clients in distressed and healthy matters. His experience includes representing debtors, creditors, creditors' committees and lenders on restructurings as well as on mergers and acquisitions, capital raises and divestures. He has represented clients across a number of industries including mortgage lending/servicing, real estate, automotive, transportation, retail, energy, healthcare, leasing and aerospace and defense.

While at Macquarie, Mr. Rose played a key role in multiple acquisitions and capital raises. He joined Macquarie when the Australian-based firm acquired Giuliani Capital Advisors LLC, where he had previously been a Managing Director and its General Counsel from 2005 to 2007. Prior to Giuliani Capital, Mr. Rose was a member of the restructuring groups at WilmerHale LLP and Dewey Ballantine LLP. Mr. Rose began his legal career clerking for the Honorable Burton R. Lifland, former Chief Judge of US Bankruptcy Court for the Southern District of New York.

Mr. Rose has considerable experience with many complex restructurings and bankruptcies, having represented debtors in large Chapter 11 cases including PSINet, ContiFinancial and KMart. He has also represented various creditors, creditors' committees and lenders in cases including Alamo National (ANC) Rental Car, Glasstech Holdings, Global Crossing, PG&E, Sun Healthcare and Riese Restaurants.

“Jorian Rose is the total package,” said Edmund O’Toole, partner-in-charge of Venable’s New York office. “He has handled all aspects of Chapter 11 cases, working on some of the largest and highest-profile filings. And he’s executed numerous acquisitions and other transactions within the bankruptcy and restructuring contexts. Jorian’s experience is meaningful not only for the firm’s ongoing restructuring and Chapter 11 matters, but for our network of private equity and other investor clients seeking help in structuring and executing deals in and out of bankruptcy, where there is so much increasing activity right now. Jorian is a terrific addition to our bankruptcy practice nationally and certainly in the New York market, where he’s been a visible presence for the past decade.”

Venable is currently engaged on a number of high profile bankruptcy matters including representing Thornburg Mortgage in its Chapter 11 case, and representing the holders of largest block of secured claims in the General Growth Properties' Chapter 11 cases. Thornburg Mortgage and General Growth Properties were reported to have over $24 billion and $27 billion in debt, respectively, at the time they entered bankruptcy. During the last several years, Venable has successfully represented investors pursuing asset recovery in the wake of the Enron bankruptcy. To date, the firm has recovered hundreds of millions in connection with Enron’s former energy operations. The firm’s New York office has also represented investors in one of the largest real estate bankruptcies in New York City, involving 21 multi-family apartment buildings that were used in a Ponzi scheme.

“Venable has a strong national bankruptcy platform and impressive full-service capabilities,” Mr. Rose said. “I am extremely excited about joining a firm with such great capabilities – this is one of those unfortunate times in history when clients will certainly need all of them.”

Mr. Rose received a B.A. from Hobart College (1992) and a J.D. from St. John’s University School of Law (1997).

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One of The American Lawyer’s top 100 law firms, Venable LLP has attorneys practicing in all areas of corporate and business law, complex litigation, intellectual property and government affairs. Venable serves corporate, institutional, governmental, nonprofit and individual clients throughout the U.S. and around the world from its headquarters in Washington, D.C. and offices in California, Maryland, New York and Virginia.