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John D. Cromie

Chair, Corporate and Business Law

Overview

As chair of the Corporate and Business Law practice and a member of the firm’s executive committee, John Cromie is an exceptionally experienced business lawyer. He represents entities ranging from Fortune 100 public companies to privately owned mid‑cap enterprises and startup ventures on a wide range of real estate and financing transactions. He is well-versed in the area of mergers and acquisitions, as well as in the purchase, sale, leasing and development of commercial real estate. John also has significant experience representing lenders and documenting asset-based and real estate-based commercial loans and credit facilities.

John often serves as outside general counsel to his clients, working with closely held businesses in a variety of industries, including construction, manufacturing, specialty chemical and health care. He provides a “one stop shop” for in-house legal teams, who appreciate his responsiveness, efficiency and practical approach to finding solutions to their day-to-day legal issues as well as more complex matters.

In addition to his legal practice, John served three terms as a Borough Councilman in Allendale, Bergen County, New Jersey. Prior to joining the firm, he completed a clerkship with the Honorable Daniel J. O’Hern, Associate Justice, Supreme Court of New Jersey (1987-1988).

Pro Bono

  • Board of Directors - Oasis: A Haven  for Women and Children
  • Holiday Observers, Inc.
  • Eva’s Village

Experience

Representative Experience

Corporate Business/Business/Banking

  • Representation of buyer in acquisition of stock of seller (and related real estate development) engaged in the business of bus repair and maintenance, Jersey City, New Jersey
  • Representation of lender in connection with credit facility to America’s largest flag maker
  • Representation of individual shareholder in sale of stock (and partnership interests in real estate affiliate) of family-owned closely held business
  • Representation of privately owned multi-national company as Special Counsel in connection with a $1 billion note offering
  • Representation of physician group in connection with the formation, licensing, construction, and operation of state of the art ambulatory surgical center
  • Representation of tax exempt higher educational borrower in connection with $74.1 million tax exempt bond issuance through the New Jersey Educational Facilities Authority
  • Representation of seller in connection with the sale of assets of a lumber yard to a regional lumber company
  • Representation of seller in connection with the sale of assets of a specialty contracting company
  • Representation of buyer in connection with purchase of 6.5-acre undeveloped Palisades Park, New Jersey parcel out of Bankruptcy Court

 Real Estate and Land Use 

  • Preliminary and final site plan approval for conversion of age-restricted residential project in Piscataway, New Jersey, to 130 market rate single-family homes
  • Preliminary and final site plan approval for approximately 40,000 sq. ft. retail site location located on 6.7 acres of prime commercial real estate at the corner of Eagle Rock Avenue and Eisenhower Parkway in Roseland, New Jersey
  • Preliminary and final subdivision and site plan approval to construct a 412-unit residential community situated on 30 acres in Piscataway, New Jersey
  • Closing of title to and acquisition of preliminary and final site plan and subdivision approval with respect to a 20-acre tract in Edison, New Jersey
  • Preliminary and final subdivision and site plan approval and acquisition of seven-acre tract in Springfield, New Jersey in connection with construction of a 100,000 sq. ft. self-storage facility
  • Sale of 100+ acres of commercial real estate in South Brunswick, New Jersey
  • Negotiation of several commercial leases involving tenant space in excess of 100,000 sq. ft. of prime commercial office space in the aggregate
  • Approximately 35,000 sq. ft. retail project located on Eisenhower Parkway in Roseland, New Jersey; project involved substantial corporate restructuring, preliminary and final site plan approval, financings, and preparation and negotiation of 13 retail leases; representation ultimately involved the sale of the completed projects to a third party, and included negotiation of the contract and related transactional work

Activities

Professional and Community Affiliations

  • Associate Member Council, Associated Construction Contractors of New Jersey (ACCNJ)
  • Fellow, American Bar Foundation
  • Board of Directors - Oasis: A Haven  for Women and Children
  • Board Member, Notre Dame Lawyers of New York City
  • Member, Legislative Committee of Commerce and Industry Association of New Jersey (“CIANJ”)
  • Vice Chair of Board of Directors, Emerging Industries Director, Member and Past Chair of Business and Advisory Services Practice Group, and Member of Banking/Financial Services Practice Group of USLAW Network, Inc.
  • Associate Member and Counsel, Associated General Contractors of New Jersey, Inc.
  • Associate Member and Counsel, Real Estate Lenders Association−New Jersey Chapter
  • Member, Steering Committee for the Financial Decision Makers Roundtable of Commerce and Industry Association of New Jersey (CIANJ)
  • Former Member, Supreme Court of New Jersey District Ethics Committee
  • American Bar Association, Business Law Section
  • New Jersey State Bar Association, Business Law Section
  • Essex County Bar Association

Presentations

  • Speaker, “Common Problems Arising With Commercial Leases and How To Deal With Them,” USLAW Network, Inc., Webinar (January 2017)
  • Speaker, “A View from Above – The Use of Drones in Construction,” ACCNJ Construction Law for Construction Professionals program, Edison, NJ (October 2016)
  • Speaker, “Data Privacy Issues and Concerns with International Business,” USLAW/TELFA Cross Border Business and Transactions Exchange, Chicago, IL (September 2016)
  • Speaker, "Careful Drafting of Contract Provisions: REPs and Warranties, Indemnification, Arbitration, Dealing with Cloud Based Software Solutions," USLAW Network, Inc., Business Litigation Exchange, San Francisco (June 2016)
  • Speaker, "Legal Issues for Manufacturers," NJMEP/CIANJ Speed Dating for Manufacturers (April 2015)
  • Moderator/panelist, “Breaking Up Can Be Hard to Do: Practical Advice on How to Use Carrots and Sticks in Executive Compensation Agreements,” USLAW Network, Inc., Fall 2014 Conference (September 2014)
  • Moderator, “Know the Privacy Laws: Protect Your Data to Protect Your Business,” Commerce and Industry Association of New Jersey (CIANJ) Financial Decision Makers Roundtable (May 2014)
  • Speaker, "Ethical Dilemmas and Conflict Issues for Business Lawyers" Connell Foley Continuing legal Education Program (December 2013)
  • Speaker, "Damage Control: Avoiding and Minimizing Consequential and Liquidating Damages” USLAW Network, Inc., Fall 2013 Conference (October 2013)
  • Speaker, “Succession Planning and Exit Strategies in the Sale of a Business” USLAW Network, Inc., Fall 2012 Conference (October 2012)
  • Moderator, "Your Business is Successful, Now What?” Commerce and Industry Association of New Jersey (CIANJ) Financial Decision Makers Council Conference (September 2012)
  • “New Jersey Supreme Court Expands Liability for Corporate Directors, Shareholders, Officers and Employees under Business Fraud Act,” USLAW Network, Inc., Fall 2011 Conference (October 2011)
  • "Advice on How to Navigate Through Complex Lending Market," USLAW Radio (February 2011)
  • “Confidentiality and Non-Disclosure Agreements in Mergers and Acquisitions,” Excesense Webinar (April 2010)
  • “A Transactional Attorney’s Perspective on Deals that End in Litigation,” USALAW Network, Inc. Fall 2010 Conference
  • “Acquiring Assets of Troubled Companies In and Out of Bankruptcy,” USLAW Network, Inc. Fall 2009 Conference (September 2009)

News & Insights

News

Publications

Honors

"New York's Best Lawyers," Corporate Law (2013)

Best Lawyers in America (2011-2018)

  • Corporate Law
  • Real Estate Law
  • "Lawyer of the Year,"  Real Estate Law - Newark (2016)

New Jersey Super Lawyers, Business Law (2006, 2009-2017)

"Top 100," New Jersey Super Lawyers (2016, 2017)

Best Lawyers Award Badge

Best Lawyers Award Badge

Clerkships

  • Honorable Daniel J. O’Hern, Associate Justice, Supreme Court of New Jersey (1987-1988)

Education

Seton Hall University School of  Law (J.D., cum laude, 1987)

University of Notre Dame (B.A., Economics, 1984)

Seton Hall Prep

Admissions

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