Jack N. Frost, Jr. handles a significant array of cases including the national defense of multinational clients in mass tort claims, contractual and general business disputes, project finance, banking and finance, commercial real estate, intellectual property, and state and federal regulatory investigations, practicing at the convergence of business transactions and commercial litigation. His work not only involves New York and New Jersey-based matters, but extends across the United States. Jack prosecutes and defends contractual disputes, negotiates and closes significant loan and bind financings, defends multinational companies in various forms of business and mass tort disputes, defends financial institutions with relation to regulatory investigations, and provides litigation consultation to multinational banks regarding the issuance of municipal securities and multi-tiered financings.
A very significant portion of Jack’s practice includes the representation of national and international manufacturing companies against claims of asbestos and other chemical related injuries, serving in various roles, including as national coordinating counsel and regional and local trial counsel. Jack is the primary face of the firm’s East Coast asbestos practice, with a practice that extends nationwide.
As lead counsel for various clients with cases pending in New York, New Jersey, Connecticut, Delaware, Pennsylvania and Maryland, Jack presents extensive experience in a collection of jurisdictions with very different asbestos defense practices ranging from the plaintiff oriented NYCAL to the defense friendly Delaware. Working in these jurisdictions in various roles including as local liaison counsel, regional trial counsel and national coordinating counsel gives Jack the unique prospective of both managing individual cases in each jurisdiction, as well as portfolios of cases with different exposures across each jurisdiction.
As regional trial counsel in several jurisdictions across the eastern seaboard, Jack is at the front lines of implementing Drinker Biddle’s national defense strategy for its clients, as well as overseeing the regional coordination of defense for clients utilizing a differing defense profile. Having tried asbestos cases in several jurisdictions, Jack understands the unique practice required in each state, and works closely with local counsel in these states to ensure defenses are properly prepared and implemented.
As national counsel, Jack oversees and coordinates the practice of local counsel across the country, managing a significant portfolio of related cases, having established relationships with several leading plaintiff’s firms across the county, negotiating settlements and dismissals on behalf of the firm’s clients and understanding the strategies that have to be approached in dealing with these individual firms.
As local liaison counsel, Jack either serves as local counsel or oversees the practice of firm attorneys in several jurisdictions, handling the day-to-day duties required in asbestos defense.
A significant portion of Jack’s practice is devoted to counseling and representing clients with respect to non-traditional and traditional financings, including structured and multi-tiered financing, the issuance of bonds and other securities, lines of credit, new markets tax credits, and other debt issuance instruments, including private fund investment, typically tied to project capital investment or development. Jack routinely serves as special counsel, bond counsel, underwriter’s counsel, trustee’s counsel and bank counsel on various tax-exempt and taxable debt financings for private, public and municipal entities throughout the country. This includes work for leading developers, public finance investment banking firms, public power facilities, highways and other types of governmental infrastructure, higher and public education institutions and other qualified nonprofit organizations and hospitals as well as general obligation and revenue financings for state and local governments and authorities. Examples of projects include the acquisition and development of nuclear and natural gas power generation facilities, development of one of the largest mall and entertainment facilities in the United States, municipal funding for infrastructure improvements, hospital funding, and the acquisition and construction of school facilities for non-profit charter, public and private higher education facilities. Jack has participated in the purchase and financing of projects totaling more than $2 billion, including several individual financings ranging from $100 million to $500 million.
- Chanin v. Machcinski, __ N.Y.S. __ (1st Dep’t 2016)
- LEAP Systems, Inc. v. MoneyTrax, Inc., 638 F.3d 216 (3d Cir. 2011)
- Metlife Securities, Inc. v. Pizzano, 2010 WL 2545170 (D.N.J. June 18, 2010)
- Holman Enterprises v. Fidelity and Guar. Ins. Co., 556 F.Supp.2d 466 (D.N.J. 2008)
- New Jersey
- New York
- Seton Hall University School of Law, J.D., 2005, cum laude
- University of St. Andrews, M.A., Philosophy and International Relations, 2002, with honors
- University of St. Andrews, B.A., 2002, with honors
- U.S. District Court, District of New Jersey
- U.S. District Court, Southern District of New York
- American Inns of Court
- Republican National Lawyers Association
- New Jersey Bar Association
- New York Bar Association