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Patrick N.Z. Rona

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Patrick N.Z. Rona
Special Counsel
Duane Morris LLP
1540 Broadway
New York, NY 10036-4086
USA

Phone: +1 212 692 1048
Fax: +1 212 202 7805
Email: pnzrona@duanemorris.com

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Patrick N.Z. Rona is an international corporate finance and insolvency lawyer. He works on cross-border restructurings, mergers and acquisitions, as well as debt and equity offerings (public and private). Notably, Mr. Rona started his legal career in emerging markets working for Baker & McKenzie in Budapest and represented, among other clients, the first country fund behind the Iron Curtain, as well as many of its portfolio companies that entered into cross-border transactions and capital raisings. He continued his emerging markets fund work at Duane Morris, and also became president and CEO of a publicly listed emerging market company. As both a lawyer, officer and senior advisor to significant foreign corporations doing business in the U.S. and elsewhere, Mr. Rona has a broad range of corporate and restructuring experience.

Mr. Rona is multilingual and has worked in many jurisdictions, including the United States, England, Holland, Brazil, Hungary, Romania and Italy. Early in his career, Mr. Rona served as law clerk to the Honorable Stuart M. Bernstein and the Honorable Arthur J. Gonzalez of the U.S. Bankruptcy Court for the Southern District of New York, and he spent two years training in General Electric's Financial Management Program prior to entering law school.

Mr. Rona is a delegate to the United Nations Commission on International Trade Law, Working Group V, which works on the interpretation and application of the UNCITRAL Model Law on Cross-Border Insolvency.

Mr. Rona is a graduate, with honors, of Vermont Law School, where he was a member of the Moot Court Advisory Board, and Sarah Lawrence College and is licensed to practice law in Connecticut, District of Columbia, New York and the U.S. District Court for the Southern District of New York.

Professional Activities

  • International Bar Association
    - Section on Insolvency, Restructuring and Creditor Rights
    - Delegate, UNCITRAL Working Group (Insolvency Law), 2010
  • The Association of the Bar of the City of New York

Admissions

  • Connecticut
  • District of Columbia
  • New York
  • U.S. District Court for the Southern District of New York

Education

  • Vermont Law School, J.D., 1992
  • Sarah Lawrence College, B.A., 1987

Experience

  • Duane Morris LLP
    - Special Counsel, 2010-present
    - Partner , 2001-2002
    - Associate, 1995-2000
  • Rona & Company
    - Principal, 2005-present
  • North American Bus Industries, Inc.
    - President & Chief Executive Officer, 2002-2004
  • United States Bankruptcy Court for the Southern District of New York
    - Judicial Clerk, Honorable Stuart M. Bernstein and Honorable Arthur J. Gonzalez, 1993-1995
  • Baker & McKenzie, Budapest, Hungary,
    - Associate, 1992-1993
  • Kidder, Peabody & Co.
    - Auditor, 1988
  • G.E. Capital Corporation
    - Operations Analyst, February - August 1988
    - Fund Controller, Investment Accounting Department, 1987-1988

Selected Publications

  • "Claims and Equity Interests: Treatment in and out of Bankruptcy – Creation of Security Interests in Intellectual Property," Developments in Reorganization and Commercial Finance Law, May 1997
  • "Claims and Equity Interests: Treatment in Bankruptcy – Treatment of Secured Claims," Developments in Reorganization and Commercial Finance Law, May 1997 and 1996
  • "Hungary May Eliminate Tax Incentives for Foreigners," The Journal of International Taxation, Vol. 4, No. 12, December, 1993
  • "Recent Hungarian Tax Increases and Proposed Amendments," International Company and Commercial Law Review, Vol. 4, No. 11, November 1993
  • "Hungary -- Corporation Tax and Tax Planning," Baker & McKenzie European Legal Developments Bulletin, Vol. 5, No. 3, July 1993

Selected Speaking Engagements

  • Moderator and Speaker, "What's New in Vienna? The view of judges and practitioners on UNCITRAL insolvency law reforms affecting corporate groups," International Bar Association, Section of Insolvency Legislation Subcommittee, Insolvency, Restructuring and Creditors’ Rights (SIRC), 2011 Annual Conference, Dubai, UAE, October 30, 2011
 

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