Welcome to the inaugural issue of Greenberg Traurig’s Financial Services Insights. The impact of Coronavirus Disease 2019 (COVID-19) has been both unexpected and devastating. As the economic fallout spreads, financial
Michael Krauss, a former Assistant United States Attorney for the Southern District of New York, advises banks, institutional trustees, and investors on an array of complex financial disputes, as well as corporate trust and structured product matters, including residential mortgage-backed securities litigation and actions alleging breach of trust. Michael also represents banks and other creditors to enforce remedies and defend counterparty claims. He routinely litigates disputes arising from insolvencies, particularly in matters where a business's collapse was brought about by criminal fraud. Michael has deep litigation experience in the highly-regulated field of tribal gaming finance.
As an Assistant United States Attorney, Michael tried multiple cases to verdict and argued more than 10 appeals before the Second Circuit. Michael has also handled pro bono matters related to asylum, guardianship, and criminal appeals.
As the COVID-19 situation continues to evolve, market volatility, workplace disruptions and a shuttering of everyday life are becoming increasingly commonplace. While the 2021 LIBOR phase-out may not seem top…
Continue Reading All Systems Go? LIBOR Transition Efforts During the COVID-19 Pandemic