Jason J. Cervone
Jason J. Cervone joined Burns White in January 2004, and is a Member of the firm. He focuses his practice in the areas of banking, business practices, general liability litigation, and railroad defense litigation.
Primarily, Mr. Cervone, a certified commercial lender and approved title attorney, advises clients including purchasers, sellers, and commercial financial institutions such as banks, business capital investors, and private funds, in all facets of commercial transaction matters. Mr. Cervone handles asset-based and cash flow lending, leveraged acquisitions and recapitalizations, subordinated debt and mezzanine financings, real estate financings, PennDOT permits for commercial real estate, bulk financial asset acquisitions, and other forms of debt and equity financing.
Mr. Cervone also has significant experience representing traditional lenders in connection with investments and other areas, such as senior and subordinated/mezzanine debt investments, debt workouts and restructurings, preferred stock, control and minority equity purchases, warrant and other “equity kicker” investments, syndicated bank facilities, multilender/purchaser transactions, and loans involving complex and multijurisdictional collateral.
In addition, Mr. Cervone has defended multiple railroads in complex litigation matters throughout the northeast, where his primary focus is on occupational related claims.
Prior to joining Burns White, Mr. Cervone was an Associate with an international law firm practicing in Dallas, Texas. There he specialized in corporate finance and general corporate law, with an emphasis on asset management, lender, and financial institution representation.
Mr. Cervone obtained his Bachelor of Arts degree in both Criminal Justice and Political Science from Westminster College in New Wilmington, Pennsylvania, in 1996. Subsequently, he obtained his Juris Doctor from the West Virginia University College of Law in 2000, where he became a member of the Order of the Coif. Professionally, Mr. Cervone completed the Pennsylvania Bankers Association’s School of Commercial Lending in June 2013 and the National Trial Advocacy College at the University of Virginia.
Admitted to the Texas, Pennsylvania, and West Virginia Bars, Mr. Cervone is also a member of the American Bar Association, the Allegheny County Bar Association where he serves on the Business Law Section’s governing council, the National Association of Bond Lawyers, the National Association of Railroad Trial Counsel, and the Pennsylvania Bankers Association.
Areas of Law
- Financial Transaction / Banking
- General Liability Litigation
- West Virginia University College of Law (J.D., 2000)
- Westminster College (B.A., 1996)
- West Virginia
- American Bar Association
- Pennsylvania Bar Association
- Texas State Bar Association
- West Virginia Bar Association
- Allegheny County Bar Association
- Business Law Section Council Member
- National Association of Bond Lawyers
- National Association of Railroad Trial Counsel
- Pennsylvania Bankers Association
- Prepared the documentation for and represented a purchaser/borrower in a $17 million asset purchase for a new line of business selling and leasing energy equipment, and the refinance of a waste water treatment facility.
- Represented a financial institution in and documented the transaction to finance $3 million of improvements to a waste water treatment system of a municipal authority.
- Represented a financial institution in and documented a $2 million bond refinancing of a local municipal authority.
- Represented a financial institution in and documented the transaction for $17 million to fund the construction of a new hotel.
- Represented a seller in an $8 million sale of a local franchise which also involved the sale of commercial real estate.
- Represented a financial institution in and documented the transaction for the refinancing of an $8 million term loan and $3 million revolving line of credit.
- Obtained a summary judgment on behalf of a Class I railroad client in a toxic exposure case.
- Successfully represented a transportation security officer supervisor appealing a wrongful termination by the Transportation Security Administration (TSA). The officer was reinstated with full back pay by the Office of Professional Responsibility Appellate Review Board.
- Successfully secured a dismissal with prejudice on behalf of a Class I railroad client where the plaintiff, a former employee, alleged an occupational illness of coal miner’s pneumoconiosis. Burns White challenged the methodology of the plaintiff’s expert’s diagnosis based upon the Frye standard.