Aaron Krauss

Aaron Krauss concentrates his practice on business litigation, health care litigation, labor and employment litigation, and intellectual property litigation. Aaron tries cases in both state and federal court and before arbitration panels on behalf of companies who have disputes with other companies or shareholders. These disputes usually arise out of a prior business or employment relationship, or allegations of products liability.

Although clients always want to win their case, Aaron recognizes that business goals must remain paramount, and a victory that comes at too great a cost either in terms of dollars spent or the harm to an otherwise important relationship is at best a pyrrhic victory.

As a result, he provides practical advice recognizing that the lawsuit he is handling is only a part of a larger whole. Aaron has held various leadership roles within the American Bar Association’s Litigation Section, including chair of the Health Law Committee (2016-17).

Aaron is a former vice chair of the Business Torts Committee of the American Bar Association’s Tort and Insurance Practice Section (1999–2004) and a former articles editor of the Tort & Insurance Law Journal (1995–1999).

He wrote and edited the book An Introduction to Health Law Litigation Based on Contract and Government Claims (ABA First Chair Press, 2016). He was also an associate editor of the Handbook of Federal Judicial Practices and Procedures for the Eastern District of Pennsylvania, published by the Philadelphia Bar Association in conjunction with West Publishing Company (1996).

Outside of the law, Aaron is very involved with civic, charitable, and community organizations. For nearly two decades, Aaron served on the board of directors of Philabundance, a charitable organization that arranges for food that would otherwise be wasted to be distributed to community and relief organizations, including two years as chairman, one year as vice chairman, and four yeas as treasurer.

Aaron is active in the United Way, and headed a team of attorneys who work with the United Way’s Campaign for Working Families. He has served on the board of directors of Keneseth Israel, and as an officer of the congregation, as well as on the advisory board of the Moss Rehabilitation Hospital.

Finally, for six years he served on the board of the Abington Band Boosters. Aaron served as a law clerk to the Hon. Edward N. Cahn, U.S. District Court for the Eastern District of Pennsylvania from 1991-1992.

Aaron earned his Bachelor of Arts, magna cum laude, in 1988 from the University of Michigan, where he was a member of Phi Beta Kappa, and his law degree from the University of Pennsylvania, magna cum laude, in 1991, where he was a member of the Order of the Coif and the law review.

EXPERIENCE :

• Represented a food distribution company in multiple lawsuits claiming in excess of $100 million in damages, including in excess of $60 million in lost profits, as a result of alleged food contamination. At the conclusion of the ligation, the client was not required to compensate any plaintiff, and was able to recover a portion of its attorneys’ fees.
• Represented a medical services provider in a claim that a health insurer improperly refused to cover the client’s services. The health insurer changed its medical policy.
• Represented a venture capital firm in a claim for “clawback” owed by a former partner. The firm’s client received 100 cents on the dollar, plus interest. Cozen O’Connor also defeated the former partner’s claim for mismanagement.
• Represented a Fortune 500 company in a claim that a representative was owed commissions. Cozen O’Connor won the bench trial.
• Represented a printing company in a claim for breaches of representations and warranties arising out of an asset purchase agreement. Cozen O’Connor secured a favorable jury verdict.
• Represented a big four accounting firm against claims that it had failed to discover related party transactions and was therefore liable for in excess of $34 million. The firm secured a directed verdict.
• Represented a bank against a claim that it should be removed as the Trustee of a trust with tens of millions of dollars of assets. The firm convinced the Orphans’ Court to reject the beneficiary’s claim.
• Represented a non-profit co-op in a claim that the USDA had acted arbitrarily and capriciously in refusing to award rural development funding to the co-op in support of its efforts to open a store approximately one mile from the Philadelphia boarder. The firm secured a favorable verdict for our client.
• Represented a company against claims it had breached a lease when it changed the dimensions of the warehouse that was the subject of the lease. Cozen O’Connor was able to secure a favorable settlement during the trial.
• Represented a securities firm in a FINRA arbitration alleging unsuitable investments. Cozen O’Connor secured a dismissal of the claims.
• Represented a bank against claims that the bank was required to pay $2.6 million based on a bearer certificate of deposit. Cozen O’Connor secured summary judgment for our client.

EDUCATION :

• University of Pennsylvania Law School, J.D., magna cum laude, 1991
• University of Michigan, B.A., magna cum laude, 1988

BAR ADMISSIONS : Pennsylvania; New York; New Jersey

COURT ADMISSIONS :

• Pennsylvania Supreme Court
• Supreme Court of New Jersey
• U.S. Court of Appeals for the Third Circuit
• U.S. District Court — Eastern District of Michigan
• U.S. District Court — Eastern District of Pennsylvania
• U.S. District Court — Western District of Pennsylvania
• U.S. District Court — New Jersey
• U.S. District Court — Eastern District of New York
• U.S. District Court — Southern District of New York

CLERKSHIPS :

• Honorable Edward N. Cahn, U.S. District Court – Eastern District of Pennsylvania

AFFILIATIONS :

• American Bar Association
• Pennsylvania Bar Association
• Philadelphia Bar Association