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Keohane Household
John Joseph Keohane, 84, a longtime bond lawyer, died unexpectedly on Friday at his dwelling in Celebration, Florida.
Keohane, who retired from Orrick, Herrington & Sutcliffe on Jan. 1, 2024, was described by colleagues as a deep thinker with an encyclopedic information of New York public finance regulation and an amazing humorousness.
“John was an mental bond lawyer,” stated Roger Davis, an Orrick companion, who was named to The Bond Purchaser’s Corridor of Fame in 2022. “He thought deeply concerning the historical past and the context of the bigger world of public finance.”
He moved south, residing in Louisiana, Georgia and ultimately Florida, shifting from Orrick companion to senior counsel with the transfer away from the New York workplace. However he all the time thought-about himself a proud New Yorker, based on the obituary penned by his kids.
After incomes a bachelor’s diploma from St. Francis School in 1964, he went to work as a banker for the now-defunct Greenback Dry Dock Financial savings Financial institution, the place he met his spouse Dolleen-Day.
He ran unsuccessfully for a state Senate seat within the Bronx. The marketing campaign caught the eye of the New York Republican occasion and resulted in a job with the state Legislature.
His work with the Legislature sparked an curiosity within the regulation. He attended night time faculty at Fordham College incomes a regulation diploma in 1974.
After incomes his diploma, he labored for Roosevelt & Son, after which Hawkins, Delafield & Wooden, earlier than becoming a member of Orrick in 1987.
He was a key participant within the creation of the
When New York Metropolis defaulted on its loans; it was the primary main default since The Nice Despair, Davis stated.
“New York Metropolis was frozen out of the bond market,” stated Eileen Heitzler, an Orrick companion, who was named to The Bond Purchaser Corridor of Fame this 12 months. “MAC was a strategy to entry the bond market. It is exhausting to think about now, as a result of New York Metropolis has strong credit score rankings.”
The headline within the New York Every day Information then was ‘Ford to Metropolis: Drop Lifeless,’ as a result of the Federal Reserve had stated no to a bailout, referencing President Gerald Ford, she stated.
When Keohane joined Orrick, it was with a big group from Hawkins, Delafield & Wooden, Davis stated. These legal professionals have been instrumental in giving Orrick, which opened its first workplace within the metropolis in 1984, an actual presence in New York public finance, stated Davis, who co-chaired the agency’s public finance observe for 40 years till he semi-retired in January 2021.
He was a considerate mentor, who all the time drew associates into conversations, so they’d have a strong grounding in public finance regulation and perceive the considering, Heitzler stated.
“He was considered one of my mentors,” stated Damon Tempo, Orrick senior counsel, who joined the agency in 1998. “One of many issues that struck me was the benefit with which he would break down advanced bond buildings. He all the time needed to be sensible in how we received to the answer, not wanting it to be extra sophisticated than it wanted to be.”
Keohane had the power to place folks comfy along with his humorousness and to make everybody really feel like they have been half of a bigger goal, his colleagues stated.
“He was fantastic to work with,” Davis stated.
As Heitzler has delivered information of his passing, everybody stated what an exquisite particular person he was, she stated.
His humorousness was well-documented within the obituary penned by his kids, who described a observe he adopted when flying on his frequent enterprise journeys.
“He would, on his recurrent enterprise journeys, determine based mostly on who boarded the airplane if he would get a point out within the headline or article, ought to the airplane crash: Fifth Avenue Legal professional Amongst Lifeless,” they
Along with his work with MAC, he additionally labored on initiatives from the Delaware Memorial Bridge to Battery Park Metropolis. He additionally helped create the Pupil Mortgage Fund of Idaho, which enabled the state to concern tax-exempt debt to supply low curiosity loans to varsity college students, the attorneys stated.
He was requested by the Carter White Home to work within the Treasury Division, however declined, the obit stated, “as a result of he was assured in some unspecified time in the future he must disagree with their plans and felt it was greatest to take action from the consolation of New York, proper from the beginning, somewhat than down the corridor from the Oval Workplace.”
He additionally gained admittance to argue instances earlier than the U.S. State Supreme Court docket, which Davis stated makes him the one lawyer in Orrick’s public finance group to have that distinction.
He’s survived by his spouse, Dolleen-Day, and his kids: Sean (Irena), Brendan, Padraic (Bess Fanning), Colin (Renée Robinson), Elizabeth (Tyler Burbridge), and Alison (Ann Fountain), in addition to his grandchildren, Maisie Burbridge, Kent Keohane, Rory Burbridge, Oliver Keohane-Fountain, Luca Keohane-Fountain, Mary Burbridge, and Juniper Keohane.
A wake can be held on Monday from 5-8 p.m. on the Conrad and Thompson Funeral House in Kissimmee, Florida. The funeral can be Tuesday at 11 a.m. at Corpus Christi Church in Celebration, Florida.
The household requests mourners donate to a charity of their selection in lieu of flowers.
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