Jordan E. Yarett

Partner at Paul, Weiss, Rifkind, Wharton & Garrison LLP

Jordan E. Yarett

Jordan E. Yarett

Partner at Paul, Weiss, Rifkind, Wharton & Garrison LLP

Biography

* Practices:
* Corporate
* Finance

Education

J.D., University of Pennsylvania Law School, 1978

B.A., Yale University, 1975
magna cum laude

Bar Admissions

New York
Pennsylvania

A partner in the Corporate Department and head of the firm’s Securitization Practice Group, Jordan E. Yarett has over 25 years of experience as a financing lawyer focusing on structured finance and securitization transactions. He has handled both innovative structured finance deals involving unusual asset classes as well as securitizations and bond financings involving a wide range of more traditional assets.

EXPERIENCE

Jordan recently represented Driven Brands, Inc., parent of several automotive brands including Maaco and Meineke and a portfolio company of client Roark Capital Group, in its $460 million whole-business securitization. This transaction was named 2015's "North America Structured Finance Issue of the Year" by International Financing Review. Further, in 2007 The American Lawyer selected Mr. Yarett as a "Dealmaker of the Year" for his representation of Lehman Brothers Inc., the lead underwriter and sole structuring agent for Dunkin' Brands Inc. in its complex $1.7 billion whole-business securitization. He was also selected as a Lawdragon 500 Leading Lawyer in America for conceiving and executing the Dunkin' Brands transaction. Mr. Yarett has been recognized by Chambers USA, Chambers Global, The Legal 500, IFLR1000 and The Best Lawyers in America, as a leading capital markets lawyer for his work on structured finance and securitization transactions. He has also been quoted in numerous publications including The Economist, The Daily Deal, The American Lawyer, The Hollywood Reporter, Esq. and The Analyst (published in India).

As part of his practice, Mr. Yarett has worked on many groundbreaking transactions including what are believed to be the first U.S. whole-company securitization involving intellectual property, first cash flow secured franchise loan securitization, the first rated time share loan securitization, the first telecom receivables commercial paper conduit, the first structured settlement conduit program, and the first fully effective SEC registered offering of pass-through certificates in a pool of secondary market municipal bonds, as well as many early and innovative drug royalty and equipment lease securitizations. In addition, he has regularly represented established clients in connection with more conventional asset classes such as trade receivables, auto loans and leases, home equity loans, mutual fund fees and credit cards.

Some of his recent work includes representing:

* CKE Restaurants Holdings, Inc. in connection with the whole-business securitization of the Carl's Jr. and Hardee's restaurant chains worldwide, consisting of $1.05 billion in bonds backed by franchise royalty rights, company-owned restaurant revenues, stores and the related brands.
* Two major investment banks in a $600 million refinancing securitization of all of the franchise and real estate assets of Sonic Corp.
* A major investment bank as sole structuring advisor and lead bookrunning manager, and Morgan Stanley as joint bookrunner, in connection with a $355 million offering of securitized billboard revenue notes for Adams Outdoor Advertising Limited Partnership.
* A major investment bank as underwriter for a $245 million of securitized debt consisting of senior fixed rate term notes and a senior secured revolving floating rate note, which were secured by the franchise revenues of domestic and international Church's Chicken and Texas Chicken-branded restaurants and substantially all assets of U.S. Church's Chicken-branded restaurants.
* Lehman Brothersin its role as sole structuring adviser, joint lead arranger and joint bookrunner in the closing of four cutting-edge asset securitizations:
* a $1.85 billion securitization of the revenue generating assets of Domino's Pizza;
* the $2.1 billion acquisition of Applebee's, the world's largest casual dining brand, by IHOP;
* a $542 million securitization of the assets of two subsidiaries of Local Insight Media, a leading provider of print yellow pages and Internet-based local search services; and
* a $245 million securitization of IHOP Franchising.

* Major League Baseball Industry Wide Securitization Facility in connection with ongoing issuance by multi-billion securitization facilities of securities backed by the league's national media revenues.
* The FDIC in its corporate and receiver capacities for certain failed financial institutions, including the issuance of over $1.4 billion in structured sale guaranteed notes collateralized by over 350 underlying mortgage backed securities transactions; in connection with a joint venture with Starwood Capital Group and TPG that oversees the distressed real estate loans of Corus Bank, valued at approximately $4.5 billion, including the issuance of more than $1 billion of Rule 144A notes; and in a securitization of distressed mortgages previously owned by over twenty failed banks.
* Sloan-Kettering in multiple financings, including a highly complex financing utilizing an innovative international royalties sale.
* Multiple parties in the cross-border securitization of alarm and home automation receivables.
* The California Public Utilities Commission in the Department of Water Resources Power Supply Revenue Bond Program (2002-2011) in the issuance of over $15 billion of bonds to finance power supply costs for California public utilities, and in numerous stranded cost securitizations.

A frequent speaker and author on developing issues in the structured finance arena, Jordan is an Adjunct Professor of Law at the University of Pennsylvania Law School and has written a chapter on derivatives litigation for Derivative Risk and Responsibility and two chapters in Securitization Legal and Regulatory Issues published by American Lawyer Media, Inc.

Jordan received his B.A., magna cum laude, from Yale University in 1975 and his J.D. from the University of Pennsylvania Law School in 1978, where he was comment editor of the Law Review. He is a member of the ABA Subcommittee on Securitization of Assets, the New York City Bar Association Committee on Securitization and a member of the National Association of Bond Lawyers.

Overview
RelSci Relationships

1136

Number of Boards

1

Number of Awards

2

Relationships
RelSci Relationships are individuals Jordan E. Yarett likely has professional access to. A relationship does not necessarily indicate a personal connection.

Partner at Paul, Weiss, Rifkind, Wharton & Garrison LLP

Relationship likelihood: Strong

Partner at Paul, Weiss, Rifkind, Wharton & Garrison LLP

Relationship likelihood: Strong

Chief Executive Officer at UJA Federation of Greenwich Inc.

Relationship likelihood: Strong

Co-Chair of the Tax Department at Paul, Weiss, Rifkind, Wharton & Garrison LLP

Relationship likelihood: Strong

Partner at Paul, Weiss, Rifkind, Wharton & Garrison LLP

Relationship likelihood: Strong

Partner at Paul, Weiss, Rifkind, Wharton & Garrison LLP

Relationship likelihood: Strong

Partner at Paul, Weiss, Rifkind, Wharton & Garrison LLP

Relationship likelihood: Strong

Partner at Paul, Weiss, Rifkind, Wharton & Garrison LLP

Relationship likelihood: Strong

Counsel at Paul, Weiss, Rifkind, Wharton & Garrison LLP

Relationship likelihood: Strong

Counsel at Paul, Weiss, Rifkind, Wharton & Garrison LLP

Relationship likelihood: Strong

Paths to Jordan E. Yarett
Potential Connections via
Relationship Science
You
Jordan E. Yarett
Partner at Paul, Weiss, Rifkind, Wharton & Garrison LLP
Education
JD
Class of 1978

The University of Pennsylvania Law School, located in Philadelphia, Pennsylvania, is the law school of the University of Pennsylvania. A member of the Ivy League, it is among the oldest and most selective law schools in the nation. It is currently ranked 7th overall by U.S. News & World Report, and 1st in terms of career prospects by the Princeton Review, a rank awarded also by the National Law Journal based on placement of graduates in top law firms.It offers the degrees of Juris Doctor (J.D.), Master of Laws (LL.M.), Master of Comparative Laws (LL.C.M.), and Doctor of the Science of Law (S.J.D.).

B.A., magna cum laude
Class of 1975

Yale University is an American private Ivy League research university located in New Haven, Connecticut. Founded in 1701 in the Colony of Connecticut, the university is the third-oldest institution of higher education in the United States.

Memberships
Member, Subcommittee on Securitization of Assets
Current

American Bar Association provides legal services. It provides law school accreditation, continuing legal education, legal information and other services to assist legal professionals. The firm has members which include judges, court administrators, law professors, and non-practicing attorneys. The company was founded on August 21, 1878 and is headquartered in Chicago, IL.

Member, Committee on Securitization
Current

The Association of the Bar of the City of New York is a voluntary association of lawyers and law students. The organization was founded in 1870 and it is headquartered in New York, NY.

Member
Current

The National Association of Bond Lawyers was incorporated as an Illinois non-profit corporation on February 5, 1979, for the purposes of educating its members and others in the law relating to state and municipal bonds and other obligations, providing a forum for the exchange of ideas as to law and practice, improving the state of the art in the field, providing advice and comment at the federal, state and local levels with respect to legislation, regulations, rulings and other action, or proposals therefore, affecting state and municipal obligations, and providing advice and comment with regard to state and municipal obligations in proceedings before courts and administrative bodies through briefs and memoranda as a friend of the court or agency.

Career History
Partner
Current

Paul, Weiss, Rifkind, Wharton & Garrison LLP is a law firm that serve as counsel to companies and investment funds. They have expertise in the areas of bankruptcy and corporate reorganization, employee benefits and executive compensation, intellectual property, personal representation, real estate and tax law. The company is headquartered in New York, NY.

Adjunct Professor of Law
Current

The University of Pennsylvania Law School, located in Philadelphia, Pennsylvania, is the law school of the University of Pennsylvania. A member of the Ivy League, it is among the oldest and most selective law schools in the nation. It is currently ranked 7th overall by U.S. News & World Report, and 1st in terms of career prospects by the Princeton Review, a rank awarded also by the National Law Journal based on placement of graduates in top law firms.It offers the degrees of Juris Doctor (J.D.), Master of Laws (LL.M.), Master of Comparative Laws (LL.C.M.), and Doctor of the Science of Law (S.J.D.).

Non-Profit Donations & Grants

Learn how non-profit organizations benefit from RelSci
$10K - $25K
2012

The University of Pennsylvania Law School, located in Philadelphia, Pennsylvania, is the law school of the University of Pennsylvania. A member of the Ivy League, it is among the oldest and most selective law schools in the nation. It is currently ranked 7th overall by U.S. News & World Report, and 1st in terms of career prospects by the Princeton Review, a rank awarded also by the National Law Journal based on placement of graduates in top law firms.It offers the degrees of Juris Doctor (J.D.), Master of Laws (LL.M.), Master of Comparative Laws (LL.C.M.), and Doctor of the Science of Law (S.J.D.).

$2,500 - $10K
2011

The University of Pennsylvania Law School, located in Philadelphia, Pennsylvania, is the law school of the University of Pennsylvania. A member of the Ivy League, it is among the oldest and most selective law schools in the nation. It is currently ranked 7th overall by U.S. News & World Report, and 1st in terms of career prospects by the Princeton Review, a rank awarded also by the National Law Journal based on placement of graduates in top law firms.It offers the degrees of Juris Doctor (J.D.), Master of Laws (LL.M.), Master of Comparative Laws (LL.C.M.), and Doctor of the Science of Law (S.J.D.).

$2,500 - $10K
2010

The University of Pennsylvania Law School, located in Philadelphia, Pennsylvania, is the law school of the University of Pennsylvania. A member of the Ivy League, it is among the oldest and most selective law schools in the nation. It is currently ranked 7th overall by U.S. News & World Report, and 1st in terms of career prospects by the Princeton Review, a rank awarded also by the National Law Journal based on placement of graduates in top law firms.It offers the degrees of Juris Doctor (J.D.), Master of Laws (LL.M.), Master of Comparative Laws (LL.C.M.), and Doctor of the Science of Law (S.J.D.).

Political Donations
$500
2018

Representative from New York's 8th Congressional District

$800
2016

Minority Leader at Office of the Senate Minority Leader, Charles Schumer

$1,000
2015

Minority Leader at Office of the Senate Minority Leader, Charles Schumer

Transactions
Details Hidden

Roark Capital Group, Inc., FOCUS Brands, Inc. purchase Jamba, Inc.

Details Hidden

Marriott Vacations Worldwide Corp. purchases ILG, Inc.

Details Hidden

Grain Management, LLC purchases TowerCo LLC /253 Towers & 95 Assets from TowerCo LLC

Awards & Honors
2007
The American Lawyer - Dealmaker of the Year
Lawdragon 500: Leading Lawyers in America
Other Affiliations
This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by Jordan E. Yarett. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of Jordan E. Yarett's profile does not indicate a business or promotional relationship of any kind between RelSci and Jordan E. Yarett.