Gregory A. Cross

Partner
Cross GregoryLOW

Greg Cross is the partner-in-charge of Venable’s Bankruptcy and Creditors’ Rights Group as well as the firm’s Commercial Mortgage-Backed Securities Practice. Greg is recognized as one of the country’s leading commercial real estate and structured finance litigators. He is a leader in the securitization industry, where he frequently lectures and leads industry initiatives. Greg also serves on the firm’s management board. Greg has tried numerous cases involving issues of first impression in courts throughout the country, including the United States Supreme Court. Greg’s clients include financial institutions, private equity firms, special servicers, and all of the constituent parties in a bankruptcy. 

Greg is an aggressive, results-oriented advisor who understands client needs in negotiations and disputes. His combination of business and trial experience allows him to effectively handle all aspects of business litigation and workouts. His thoughtful strategies and deep understanding of complex financial structures and commercial real estate make him an invaluable counsel for both creditors and debtors in today’s economic environment. His work includes:

  • Serving as lead counsel for the largest workouts in U.S. history for each type of commercial real estate asset—multifamily, office, hospitality, and retail
  • Defining through multiple litigation the rights and obligation of parties to CLO, CDO, and CMBS structures
  • Successfully litigating some of the country’s leading CMBS “repurchase” claims
  • Litigating and defining the rights of competing lenders in a structured finance capital stack
  • Overseeing fraud investigations and concurrent litigation involving complex international asset transfers
  • Preparing fraudulent conveyance, denial of discharge, and other records supporting bankruptcy-related criminal convictions
  • Confirming one of the only successful bankruptcy restructures of a financial services firm
  • Serving as lead lenders' counsel in the largest real estate bankruptcy case in the United States
  • Advising and developing training programs on commercial real estate litigation and workouts

Experience

Representative Matters

  • Served as lead trust counsel in connection with all aspects of the litigation, workout, and sale of the $5.8 billion Stuyvesant Town and Peter Cooper Village loan
  • Litigation counsel for the Starrett City acquisition
  • Served as coordinating counsel for all secured debt in the General Growth Properties bankruptcy case, restructuring $14 billion of secured debt
  • Served as lenders’ counsel in the Extended Stay Hospitality bankruptcy and fashioned a sale that permitted Venable’s client to recover 95% of its $4.1 billion claim
  • Represented entertainer Michael J. Jackson in the out-of-court restructuring of his assets
  • Represented the state of Maryland in the bankruptcy involving the Preakness Stakes
  • Served as debtors’ counsel in the Thornburg Mortgage bankruptcy case
  • Organized the WaMu Bank Committee of Equity Holders

Representative Clients

  • CWCapital Asset Management LLC
  • C-III Asset Management LLC
  • The Estate of Michael J. Jackson
  • LNR Partners
  • Dermot Company
  • Starwood Capital Group
  • Brooksville Company
  • Island Capital Group LLC

Insights

Credentials
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Education

  • J.D. University of Virginia School of Law 1987
    • Virginia Trial Lawyers Advocacy Award
  • B.A. magna cum laude Dickinson College 1984
    • Phi Beta Kappa
    • Charles A. Dana Scholar
    • William E. Bittle Economic Scholar

Bar Admissions

  • Maryland
  • New York
  • District of Columbia

Court Admissions

  • U.S. Supreme Court
  • U.S. Court of Appeals for the Second Circuit
  • U.S. Court of Appeals for the Fourth Circuit
  • U.S. Court of Appeals for the Sixth Circuit
  • U.S. Court of Appeals for the Eighth Circuit
  • U.S. Court of Appeals for the Ninth Circuit

Clerk Experience

  • Honorable Lawrence F. Rodowsky Maryland Court of Appeals 1987 1988

Professional Memberships and Activities

  • Member, American College of Real Estate Lawyers
  • Member, American Bar Association
  • Member, Federal Bar Association
  • Member, Maryland State Bar Association
  • Member, Baltimore City Bar Association
  • Member, Defense Research Institute
  • Member, Maryland Association of Defense Trial Counsel
  • Member, Baltimore City LEADERship class, 2002
  • Past member, board of governors, Commercial Real Estate Financing Council

Recognition
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  • Listed in The Best Lawyers in America (Woodward/White, Inc.), 2012 - 2019
  • Recognized in Chambers USA (Band 1), Bankruptcy/Restructuring, Maryland, 2017 - 2019
  • Selected for inclusion in Maryland Super Lawyers, 2009 - 2018
  • Named a Law360 MVP, 2014
  • Recognized by American Lawyer as a "Dealmaker of the Year," 2010
  • Named one of Maryland’s Legal Elite by Baltimore SmartCEO magazine, 2006, 2008
  • AV® Peer Review Rated by Martindale-Hubbell

Community
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Volunteerism

  • Board member, Maryland Zoo
  • Board member, Economic Alliance of Greater Baltimore
  • Chair, Judicial Nominating Commission for Baltimore City
  • Former board member, YMCA of Central Maryland
  • Member, Baltimore Mayor’s Charter Review Commission
  • Former trustee, Maryland Affordable Housing Trust
  • Immediate president, Gibson Island Corporation