Mr. Krassenstein, our managing partner, is a business and litigation attorney having an extensive background in general business matters, commercial litigation, employment issues, oil, gas and energy-related issues and commercial real estate and leasing matters. Formerly a judicial clerk for two federal judges, Mr. Krassenstein combines his knowledge of the court system with sound practical experience gained as a certified public accountant for Arthur Andersen & Co. and from twenty five years of practicing law. During his career, Mr. Krassenstein has represented businesses of all sizes from a variety of industries in various corporate matters including acquisition agreements, bank lending issues, contractual drafting, negotiation and disputes, construction litigation, franchise review and franchise enforcement, and employment/labor matters.
Mr. Krassenstein is admitted to practice law in the United States District Court for the Western District of Pennsylvania and the United States Third Circuit Court of Appeals, and is also licensed to practice law in the State of Ohio. He has served as a member of the American Bar Association’s Forum on Franchising, the Ohio State Bar Association's Banking, Bankruptcy & Commercial Law Committee and the Allegheny County Bar Association's Bankruptcy and Commercial Law Section. He has lectured to many organizations on a myriad of business and legal issues, including the Allegheny County Bar Association, the Pennsylvania Institute of Certified Public Accountants and Carnegie Mellon University's graduate school program. He has served on the Board of Directors of several institutions including the Advisory Board On Autism And Related Disorders (ABOARD), the Brooktree Office Park, the Borough of Bradford Woods Zoning Hearing Board, Temple Ohav Shalom and the Northern Allegheny County Chamber of Commerce. Mr. Krassenstein is a graduate of Leadership Pittsburgh.
Since 2005, Mr. Krassenstein has served as Chief Financial Officer and General Counsel of PFBC Environmental Energy Technology, Inc., a Western Pennsylvania renewable energy concern. In this capacity, Mr. Krassenstein has drafted and negotiated contracts, overseen private equity fundraising and coordinated financial reporting requirements.
Mr. Krassenstein received his Bachelor of Arts Degree from Miami University in Oxford, Ohio in 1983, and received his Juris Doctor Degree from The Ohio State University College of Law in 1986. He became a Certified Public Accountant in 1987.
Mr. Krassenstein has been awarded an AV® peer review rating by Martindale-Hubbell—the country’s preeminent lawyer rating service. An AV rating is the highest possible rating and is based on peer reviews by members of the Bar and Judiciary. The AV rating indicates that the lawyers and judges with whom the attorney works feel that he is among the best in the business not only for legal skills, but also for honesty and integrity.
Ms. Krassenstein, a co-founder of our firm, is a general business lawyer having a background in corporate law, securities and franchise law. Ms. Krassenstein primarily represents small and medium-sized businesses in connection with a wide variety of matters, including choice of entity, shareholder and partnership relationships, acquisitions, leasing arrangements, and raising capital through private securities offerings.
During her many years of practice, Ms. Krassenstein has also represented banks and other publicly-held companies in securities compliance matters, corporate governance issues and internal policy compliance procedures. She participated in the consolidation and acquisition of several regional financial institutions, and handled Federal and State securities and bank regulatory applications relating to those transactions. In addition, Ms. Krassenstein was designated recommended counsel by one of the region's largest financial institutions to represent minority and women-owned businesses in connection with a lending program for such businesses; she has been appointed Special Master by the Honorable Alan N. Bloch of the United States District Court for the Western District of Pennsylvania, on a periodic basis to provide reports and recommendations on certain matters before the Court; and she has represented a number of local non-profit organizations, providing assistance with applications to obtain tax-exempt status and advice on various corporate matters. In the franchise area, Ms. Krassenstein represents both national and local franchisors in the initial phases of franchising activity as well as with ongoing regulatory compliance, and she routinely evaluates franchise opportunities for those seeking to become independent business owners.
Ms. Krassenstein received her B.A. from Smith College in 1982, and her Juris Doctor Degree in 1987 from The Ohio State University College of Law. She is admitted to practice in Pennsylvania.