Andrew B. Kratenstein | People | McDermott

Overview


Andrew B. Kratenstein is the New York co-lead of McDermott’s Litigation Practice Group. He provides legal counsel on complex commercial litigation, focusing on financial services, private equity, securities, mergers and acquisitions, corporate governance, real estate, and beverage distribution disputes. Andrew represents national and multinational clients in a broad array of industries, including banking, private equity, real estate, hospitality, beverage distribution, sports, healthcare, life sciences, pharmaceuticals, and energy.

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Results


  • Won a jury trial and judgment in the amount of approximately $68 million for an aluminum manufacturer against a magnesium manufacturer who failed to meet its supply obligations, claiming force majeure and related defenses
  • Won summary judgment on a financial institution’s claims seeking recovery on derivatives contracts collectively worth more than $450 million in two separate cases
  • Won multiple post-asset acquisition working capital adjustment and earn-out arbitrations, including obtaining an approximately $74 million award plus arbitrator’s fees

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Recognitions


  • Law 360’s Weekly Verdict: Legal Lions & Lambs, named as a Legal Lion for obtaining summary judgment on behalf of a national trade association for pharmaceutical distributors, which invalidated portions of New York’s Opioid Stewardship Act as unconstitutional
  • Legal 500, General Commercial Disputes, 2022-2025

Community


  • New York City Bar Association

Credentials


Education
Harvard Law School, JD, cum laude, 1999
Cornell University, BA, Phi Beta Kappa, 1996

Admissions
New York

Courts / Agencies
US Court of Appeals for the Second Circuit
US Court of Appeals for the Third Circuit
US Court of Appeals for the Eleventh Circuit
US Court of Appeals for the Federal Circuit

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