Managing Partner: David J Krebs
Number of partners: 7
Number of lawyers: 14
Krebs Farley is a litigation firm in the Gulf South whose lawyers are consistently recognized for their excellence. The firm is known for its expertise in construction law; surety and fidelity law; bankruptcy and creditors’ rights; directors and officers liability; professional malpractice; and commercial litigation. Since 2001, Krebs Farley has delivered innovative solutions to its national clients and successfully advocated for advancements in the law to benefit its clients’ interests.
Main Areas of Practice:
■ Bankruptcy & Creditors’ Rights
■ Complex Commercial Litigation
■ Construction Law
■ Directors & Officers Litigation
■ Cyber Security
■ Professional Malpractice Litigation
Bankruptcy & Creditors’ Rights:
Krebs Farley represents creditors and sureties in a comprehensive range of bankruptcy and creditors’ rights matters, including workouts, insolvency proceedings, Chapter 11 reorganizations, preference and fraudulent transfer litigation, claim-related bankruptcy litigation, and commercial disputes involving insurance coverage, labor contracts, employee benefits, and guarantees.
Complex Commercial Litigation:
Krebs Farley’s complex commercial litigation attorneys have achieved favorable results in multi-party, multi-issue, and multi-jurisdictional construction disputes, insurance coverage claims, commercial real estate and personal property disputes, commercial class actions, professional malpractice claims, business tort claims, and securities lawsuits.
Krebs Farley has a depth of knowledge and experience in litigating construction-related disputes on behalf of owners, developers, contractors, engineers, architects, sureties, and lenders. The firm specializes in resolving conflicts on public and private construction projects, including those relating to site acquisition and development, defective work or design, withheld payments, liens, delay damages, and personal injury claims.
Directors & Officers Litigation:
Krebs Farley has a distinguished practice defending corporate directors and officers in actions involving corporate governance, breach of fiduciary duties, bad faith and negligence, securities fraud, shareholder derivative suits, and insider trading. Several multinational insurers routinely retain Krebs Farley to represent them in directors’ and officers’ insurance coverage litigation.
Krebs Farley is a leader in handling and litigating financial institution bond and commercial crime coverage claims. Its lawyers are particularly skilled in resolving claims relating to loan losses, employee dishonesty insurance, computer fraud, the direct loss requirement, the fictitious collateral issue, Insuring Agreements (D) and (E), termination of coverage, the potential income exclusion, fraud by the insured, and bad faith.
Krebs Farley’s leading expertise extends to the emerging threats posed by data breaches and computer fraud. Its deep fidelity practice exposes it to emerging trends in insurance coverage for losses and liabilities incurred by an organization as a result of cyber breaches. The firm provides routine analysis of issues surrounding unauthorized ACH and wire transfers, hacking and other fraudulent entry of computer data, as well as accidental and malicious disclosure of personally identifiable information.
Professional Malpractice Litigation:
Krebs Farley has a solid reputation for representing clients in claims of professional malpractice, including the defense of attorneys, engineers, tax professionals, and accounting firms. The firm routinely handles cases involving legal malpractice, breach of fiduciary duty, conflict of interest, negligent advice, and real estate transactions.
Krebs Farley is a national leader in surety law. The firm’s attorneys have achieved notable success representing sureties in contract defaults, and through all phases of litigation on bonds issued on federal, state, and private projects. When major contract defaults lead to bankruptcy or reorganization proceedings, the firm also represents surety clients through the ensuing negotiations, reorganization, planning, and assumption and completion of bonded obligations. The firm’s attorneys also have extensive experience litigating commercial surety matters.