Elizabeth Krasnow’s practice focuses on complex commercial litigation. She represents clients in federal and state courts across the country in matters involving breach of contract, misappropriation of trade secrets, fraud, unfair or deceptive trade practices, and regulatory enforcement, among other areas of the law. Her clients cover a range of industries, including healthcare, technology, manufacturing, real estate, and retail.
Elizabeth has managed all stages of complex civil litigation, including pre-suit investigation, dispositive motion practice, discovery, trials, appeals, and settlement negotiations. No matter the stage of litigation or type of dispute, Elizabeth is dedicated to advancing her clients’ business interests.
Prior to joining Kelley Drye, Elizabeth served as a Senior Litigation Counsel at the Manhattan D.A.’s Office, where she worked on serious felony prosecutions and represented the office in a range of civil matters at the trial and appellate level in state and federal court.
Elizabeth has represented several states—including New Jersey, North Carolina, and Ohio—in prosecuting fraudulent transfer claims against DuPont, Chemours, New DuPont, and Corteva arising out of corporate restructurings undertaken in an attempt to insulate DuPont’s valuable assets from its massive PFAS liabilities. She has extensive experience assessing the financial viability of potentially responsible parties and analyzing issues of successor liability. In the North Carolina NRD matter, Elizabeth was part of the Kelley Drye team that secured early summary judgment on the issue of New DuPont’s and Corteva’s assumption of DuPont’s historical PFAS liabilities. As a result, these companies will be held jointly and severally liable for any judgment against DuPont at trial.
Served as trial counsel for the State of New Jersey in prosecuting New Jersey’s case against DuPont for knowingly discharging PFAS and other contamination from DuPont’s Chambers Works site into the waters and environment of New Jersey for decades. Following a month of trial in federal court in Camden, DuPont and related companies agreed to a record setting settlement with New Jersey valued at $2 billion in remediation, restoration, costs, and damages. On the eve of this trial, 3M settled-out for up to $450 million more in PFAS damages to New Jersey. At $2 billion, DuPont’s settlement with New Jersey is the largest environmental recovery for a single plaintiff – and is one of the largest legal recoveries of any kind – in the history of the country.