Reinhold F. Krammer

Obtained $1.8 million judgment in favor of an equipment supplier in breach of a contract claim against purchaser.

Prosecuted a claim and defended a counterclaim for a lens/optics designer/manufacturer against a camera/lens manufacturer/seller at a hearing before American Arbitration Association tribunal conducted in New York; New York related to claim for wrongful termination of Development Agreement; Arbitral Award found in favor of lens/optics designer/manufacturer and awarded over $3.9 million in damages; award paid in full.

Manufacturer representation of water purification equipment used in the fracking industry over a breach of licensing agreement before International Chamber of Commerce, International Court of Arbitration in Paris, France.

Represented a glass etching and cutting machinery supplier against a fortune 500 company alleging defective design and manufacture; resulted in purchaser keeping equipment and seller retaining payments made for equipment.

Tier II automotive supplier representation in recovering millions from a publicly traded Tier I supplier for unrecovered NRE and capital expenditures related to the wrongful termination of a blanket supply agreement; based upon resolution, supplier paid in full and parties continued business relationship.

Assisted a Tier II automotive supplier in a $3.1 million bankruptcy preference claim; supplier prevailed in obtaining a ruling that the default judgment should be overturned and ultimately convinced the plaintiff to dismiss the complaint altogether without the supplier having to return any of the alleged preferential payments.

Defended and settled various claims against a manufacturer of outdoor and indoor power tools, alleging defect in design, manufacture and warning.

Counseled clients in disputes over millions of dollars in unpaid receivables due from bankrupt or distressed suppliers and customers resulting in successful structured repayments.

Obtained the dismissal of a claim brought against a Tier I automotive supplier relating to a child's alleged exposure to lead brought home by the parent from a facility.

Defended a publicly traded manufacturer of industrial excavator equipment from indemnification claims from a subsequent reseller for substantial alleged consequential and other economic losses.

Supplier representation of a component used in the automotive industry in which the purchaser owed the supplier millions of dollars and asserted that the product was defectively manufactured; matter was settled favorably, whereby purchaser dismissed its claims and paid purchaser amounts due.

Prosecuted a trademark infringement claim against an infringer whereby the defendant ceased using trademark and was found liable for infringement.

Defended claims asserted against a supplier of marine diesel engines; the contract, warranty and fraud claims asserting millions of dollars in compensatory and punitive damages were settled upon terms favorable to the supplier.

Mediated and obtained a settlement favorable to a defendant manufacturer of printing presses in a $3 million preference claim involving complicated international transactions based upon Letter of Credit and Documents against Payment; also contested solvency and asserted defenses of contemporary exchanges, new value, and ordinary course of business.

Defended a purchaser of material handling bags against the supplier; convinced trier of fact that subject bags were defective and, as a result, the amounts claimed from supplier were not due.

Counseled a creditor in work out and bankruptcy proceeding in which creditor was the main supplier and customer of debtor and in which creditor supported, in part, through guaranty, DIP financing.

Pursued an insurance company which claimed subrogation rights under credit card insurance policy, resulting in $1.9 million payment to decedent's estate relating to Kentucky airline crash.

Represented a pump manufacturer before the U.S. Consumer Product Safety Commission regarding possible recall issues.

Recovered a printing press on behalf of a lessor that served as collateral for an equipment lease; a settlement was reached whereby the lessee returned the equipment to the lessor, agreed to pay significant amounts to the lessor and released its claims asserting defective design and manufacture.

Assisted a manufacturer of plastic storage containers; obtained prompt repossession of plastic injection molds from the adverse party in Canada and settled and resolved the Canadian defendant's counterclaims without payment of any funds.

Represented an employer that suffered significant losses because of an employee's embezzlement of monies; successfully sought a freeze of the employee's assets that resulted in full restitution by the employee to the employer.

Obtained a $1.827 million judgment against a California-based entity on behalf of an equipment supplier.

Defended a German-based global manufacturer of precision measuring equipment in a patent infringement lawsuit filed by a direct competitor in the Northern District of Illinois.

Achieved complete dismissal of claims filed in arbitration against a U.S. subsidiary of a Korean Tier 1 auto supplier by its Tier 2 contractor.