DLA Piper announced that Michael Krauss has joined the firm’s Litigation practice as partner in the Minneapolis office.
Krauss, a former assistant U.S. attorney in New York, advises trustees, creditors and lenders on complex financial disputes. He has represented leading national banks in corporate trust and structured products matters, such as residential mortgage-backed securities litigation and indenture claims, and has secured over US$150 million in related settlements. Krauss also advises clients on creditor litigations and insolvency.
“Michael is a top-notch litigator with an impressive track record representing clients in the financial services sector,” said Loren Brown, co-chair of DLA Piper’s global and US Litigation practices. “That background, coupled with his enforcement experience as an AUSA, makes him an important addition to our representation of some of the world’s largest financial institutions.”
In a release, the firm said Krauss also has experience working on financial issues and potential liabilities in the highly-regulated field of tribal gaming, and has won judgments and settlements for lenders and developers nationwide.
“Michael is known in the Twin Cities and nationally as an impactful litigator with the ability to efficiently manage the spectrum of financial disputes that a company may face,” said Kathleen Smith Ruhland, managing partner of DLA Piper’s Minneapolis office. “Those skills will be immediately beneficial to our clients based here and throughout the country.”
Krauss is the most recent addition to DLA Piper’s Minneapolis office, which welcomed partner Michael Fisco earlier this year. The firm’s Litigation practice has also welcomed several partners this year, including Amy Rudd (Austin), Ilana Eisenstein (Philadelphia), Christopher Oprison (Miami), David Sager (New Jersey), John Rah (Washington, DC), Raphael Larson (Washington, DC), Thiru Vignarajah (Baltimore), and Louis Ramos (Washington, DC).
Krauss joins DLA Piper from Faegre Baker Daniels in Minneapolis, where he was the Finance Litigation team leader. He earned his J.D., with distinction, from Stanford Law School and his B.A., with highest distinction and high honors, from the University of Michigan.