Duane Morris LLPPartner

Jonathan Mark Petrakis

About Jonathan Mark Petrakis

Jonathan Mark Petrakis is a lawyer practicing employment law and litigation, creditors' rights, commercial lending services and 4 other areas of law. Jonathan received a B.A. degree from University of Pittsburgh in 1980, and has been licensed for 43 years. Jonathan practices at Duane Morris LLP in Philadelphia, PA.

Awards

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Services

Areas of Law

  • Commercial Litigation
  • Other 6
    • Employment Law and Litigation
    • Creditors' Rights
    • Commercial Lending Services
    • Financial Institution Litigation
    • Business Transactions
    • Commercial

Practice Details

  • Firm Information
    Position
    Partner
    Firm Name
    Duane Morris LLP
  • Representative Cases & Transactions
    Cases
    Representative Matters: Represented BankUnited, N.A. in preparing Main Street Loan Program form loan documents
    successfully closed six MSLP loans in two weeks in order to meet the deadline imposed by the Federal Reserve.
    Represented Bank United in connection with negotiation of modifications of a sponsorship agreement with a National Football League team.
    Represented a national bank in voidable transfer litigation with a bankruptcy trustee.
    Represented BankUnited, N.A. in connection with its $20 million commercial real estate loan to Federal Realty Limited Partnership, an affiliate in the LeFrak organization, for a 13-story office building located in Queens
    the loan includes $4.1 million in new financing, with the remainder as refinancing of pre-existing debt at the property.
    Represented the Refac Optical Group, a leading provider of vision care products
    services, in the sale of one of its subsidiaries, Nationwide Optical Group, Inc., to Clarkson EyeCare Partners, Inc.
    Represented a bank holding company in documenting a multi-million dollar joinder to a multi-million dollar syndicated subscription secured credit facility extended to an owner of a renewable energy related assets portfolio.
    In Re: Calypso St. Barth, Inc. (Bankr. D.N.J) - Representing a national bank as the senior secured creditor in the bankruptcy proceedings of a national clothing store chain.
    Represented a regional bank in closing a $16.8 million refinance of a mortgage loan on an office building.
    Representing a national retailer in reference to several employment discrimination claims throughout the United States.
    Negotiated resolution on behalf of an equipment lender of a dispute with a national trucking company regarding repayment obligations under a nine figure credit agreement.
    Represented a national bank as administrative agent, collateral agent
    lender in restructuring of an $80 million syndicated secured credit facility.
    Represented an equipment lender in its $110 million sale of large portfolios of finance leases relating to Class 8 tractors.
    Represented an equipment lender in closing a $30 million credit facility to a large mid-Atlantic construction equipment re-seller.
    Represented a national bank lender as Administrative Agent, Collateral Agent,
    Lead Arranger in an $85 million syndicated lending facility to one of the mid-Atlantic's largest contracting
    construction companies
    its affiliates.
    Obtained an arbitration award of $3.6 million, the full amount requested, in a case before a former California Superior Court Judge in San Francisco concerning valuation of the client's 50% interest in a company that provides network
    data management services.
    Successfully defeated three Motions for Temporary Restraining Order
    a Motion for a Preliminary Injunction for enforcement of restrictive covenants in an employment agreement, as sought by a former employer against a senior sales manager who had resigned from the company
    joined a competitor.
    Representing multiple banks in Pennsylvania in defense of putative class action claims brought against them for alleged failure to comply with ADA St
    ards for access to ATMs.
    Represented a national retailer in defense
    resolution of potential class action regarding alleged violations of the Americans with Disabilities Act, specifically that the company failed to reasonably accommodate disabled persons by failing to provide readily achievable means of access to eye examinations in their stores nationwide.
    In re TH Properties, Inc., et al. (Bankr. E.D. Pa.) - Represented a pre-petition secured lender
    debtor-in-possession lender in the bankruptcy of a large regional construction company.
    In re Oskar Huber Furniture
    Design, et al. (Bankr. D.N.J.) - Represented senior secured lender in bankruptcy proceedings of a furniture company.
    In re Solomon Dwek, et al. (Bankr. D.N.J.) - Represented a lender in defense of an action brought by the U.S. trustee for fraudulent conveyance
    deepening insolvency.
    Obtained on behalf of a New Jersey bank the dismissal of class action counterclaims for breach of good faith
    fair dealing, fraudulent misrepresentation
    violations of the New Jersey Consumer Fraud Act, as asserted by a defaulted commercial borrower.
    Represented lender in purchase
    restructure of $56 million debt on high-rise condominium in Philadelphia.
    Represented lender in documentation
    closing of $24 million term loan/revolving credit facility.
    Assisted in representation of borrower in documentation
    closing of a $55 million acquisition-financing transaction.
    Represented employer in defense of wage-
    -hour class action litigation in California.

Experience

  • Bar Admission & Memberships
    Admissions
    1983, Pennsylvania
    1984, New Jersey
    U.S. District Court for the District of New Jersey
    U.S. District Court for the Northern District of California
    Supreme Court of the United States
    U.S. District Court for the Eastern District of Pennsylvania
    Memberships

    Professional Activities

    •Philadelphia Bar Association
    •Turnaround Management Association

  • Education & Certifications
    Law School
    University of Pittsburgh School of Law
    Class of 1983
    J.D.
    Other Education
    University of Pittsburgh
    Class of 1980
    B.A.

Jonathan Mark Petrakis

Partner at Duane Morris LLP
Not yet reviewed

30 South 17th StreetPhiladelphia, PA 19103U.S.A.

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