Jeffrey C. Krause is a partner in the Los Angeles office of Gibson, Dunn & Crutcher. He has a broad corporate restructuring practice and has handled significant debtor and creditor committee representations, as well as representations of acquirers of assets from chapter 11 debtors, lessors and secured and unsecured creditors. He is a fellow of the American College of Bankruptcy.
Mr. Krause’s recent matters include representation of the official committee of unsecured creditors in the chapter 11 case of Azabu Buildings, representation of Ranch Capital and the investment vehicle it formed to fund the successful plan of reorganization for Hawaiian Airlines, and representation of debtor Falcon Industries in its chapter 11 reorganization. He is currently representing debtors R.E. Loans and Pacific Monarch Resorts, Inc. in their pending chapter 11 cases and The Colonial Williamsburg Foundation as a secured creditor in the chapter 11 case of Carter’s Grove, LLC.
Mr. Krause attended the University of California at Los Angeles, where he received his B.S. in Economics in 1977, and his J.D. in 1980. Mr. Krause served on the UCLA Law Review, and was admitted to the Order of the Coif.
Mr. Krause is the author of: “California Real Property Financing: Bankruptcy and Secured Real Property Transactions,” CEB, 1989 (Contributing Author); Steinberg, Bankruptcy Litigation, 1989 (Contributing Author); “Whose Lawyer Are You: Fiduciary Obligations of Debtor in Possession’s Counsel,” 31 Beverly Hill Bar Ass’n Journal, Vol. 2 (1997); “In a Class All Their Own,” Vol. 20, No. 5, Los Angeles Lawyers 42 (July-August 1997); “Appellate Practice Educational Materials for Federal Judicial Center Programs for New Bankruptcy Appellate Panel Judges,” (1996 and 1997); “The Bias of the Courts Against Single Asset Real Estate Cases is Creating Bad Law in the Area of Classification,” 22 Cal. Bankr. J. 45, 1994; “United States Trustee Guidelines Regarding Prepetition Retainers,” 18 Cal. Bankr. J. 135, 1990; “Treatment of Prepetition Retainers,” 17 Cal. Bankr. J. 153, 1989; “Foreclosure Sales Should Not Be Treated As Fraudulent Transfers,” 1 ABA Bankr. Litigation Newsletter 7 (1993);”"Non-Collusive Foreclosure Sales of Real Property Are Not Avoidable As Fraudulent Transfers,” 3 ABA Bankr. Litigation Newsletter 18 (1995); Consultant, Bernhardt, California Mortgage and Deed of Trust Practice (2d ed. 1989 CEB).
Mr. Krause has served as an Adjunct Professor, University of Southern California School of Law, 1994-2000 and 2002; Loyola School of Law, 1987 and 1988. He is a member of the Los Angeles County Bar Association (Former Member of Executive Committee of Section on Commercial Law and Bankruptcy and Past Chair of Pro Bono Debtor Assistance Project) and the American Bar Association (Member, Sections on Litigation and Business Law; Past Co-Chairman of Bankruptcy and Insolvency Committee of the Litigation Section); The State Bar of California (Former Member, UCC Committee, Business Law Section, 1987-1990; Former Member, Debtor-Creditor Committee, Business Law Section, 1992-1995); Los Angeles Bankruptcy Forum (Past President); California Bankruptcy Forum (Former Director); Financial Lawyers Conference (Former Board Member, 1999-2002).
Reported Cases: In re Felburg, 39 Bankr. 591 (Bankr. C.D. Cal. 1984); Pistole v. Mellor (In re Mellor), 734 F.2d 1396 (19th Cir. 1984); In re Safren, 65 Bankr. 566 (Bankr. C.D. Cal. 1986); Black & White Cattle Co. v. Shamrock Farms Co. (In re Black & White Cattle Co.), 30 Bankr. 508 (Bankr. 9th Cir. 1983), rev'd., 746 F 2d 1484 (9th Cir. 1984); Black & White Cattle Co. v. Granada Services, Inc. (In re Black & White Cattle Co.), 783 F.2d 1454 (9th Cir. 1986); In re Lindsay, 59 F.3d 942 (9th Cir. 1995); In re Falcon Products, Inc., 497 F.3d 838 (8th Cir. 2007).