Tuesday, January 15, 2002
Jeffrey Krause Rejoins Stutman, Treister & Glatt After Brief Stint With Akin, Gump, Strauss, Hauer & Feld
By NICK YULICO, Staff Writer
Jeffrey C. Krause, a prominent bankruptcy attorney and reorganization specialist, has rejoined Stutman, Treister & Glatt as a partner and senior shareholder.
Krause was a partner and senior shareholder for 19 years with Stutman before leaving in 1999 to become a partner and head of the financial restructuring practice group in the Los Angeles office of Akin, Gump, Strauss, Hauer & Feld, which holds offices nationwide.
Krause told the MetNews he thought the larger firm of Akin could better handle his bankruptcy cases but has now realized that “a firm [like Stuman] that has more senior people and less leveraged attorneys can do the work more efficiently.” Stutman has about 30 lawyers, covering only larger bankruptcies, such as recently handling Southern California Edison’s restructuring with its creditors, Krause said.
“I have enjoyed my time at Akin Gump, but Stutman, Treister & Glatt was my home for nearly 20 years,” Krause said. “I have come to recognize that the firm best represents the professional and collegial environment where I can most comfortably and profitably practice quality law.
Some of Krause’s recent clients include debtors in the Chapter 11 cases like those of Boston Chicken, Inc., which operated Boston Markets restaurants, Westmoreland Coal and First Capital Holdings Corp. (the parent of First Capital Life Insurance).
Robert A. Greenfield, the chairman of the executive committee at Stutman, Treister & Glatt, welcomed Krause’s return.
“Jeff Krause is an exceptionally talented lawyer and a good friend and we are thrilled to have him back home,” Greenfield said in a statement.
Krause clerked at Stutman and went on to become an associate after receiving his law degree from UCLA in 1980.
He was the chair of the committee responsible for the creation and expansion of the Los Angeles County Bar Association’s pro bono debtor assistance project that provides services to indigent debtors in bankruptcy cases. He also served as president of the Los Angeles and California Bankruptcy Forums.
Copyright 2002, Metropolitan News Company