Overview
Timothy Cramton focuses his practice on complex commercial litigation in both federal and state courts, as well as in arbitration proceedings. He has successfully represented clients in a wide range of industries, including securities, finance and private equity, accounting, healthcare, insurance, oil and gas, real estate, and hospitality. Among other things, Timothy has significant experience in assisting corporate boards and special committees with investigations and preparing investigative reports in a number of high profile cases.
Prior to joining McDermott, Timothy clerked for the Hon. Joseph M. Ditkoff in the Massachusetts Appeals Court. While in law school, he served as a senior board member for the Journal of Law and Public Policy and was a member of the Cornell Securities Law Clinic.
Results
- Represented special litigation committee of major entertainment company in stockholder derivative action in Delaware Chancery Court, including preparing special litigation committee’s investigative report and in litigating Zapata motion to dismiss
- Represented Alaskan-based upstream oil & gas company in investigating claims involving owner’s self-dealing transactions and breach of fiduciary duty, and in litigating related claims brought by purported creditor to successful settlement and plan approval in Ch. 11 bankruptcy adversary proceedings
- Represented venture capital firm in obtaining $50 million-plus judgment in arbitration proceeding on claims for fraud and breach of fiduciary duty against former employee
- Represented major real estate company in obtaining $30 million settlement in full on seller’s breach of contract claims relating to the sale of historic office building in New York over buyer’s attempt to invoke COVID 19-related impossibility defense
- Represented insurer in obtaining over $2 million from defendants in connection with $1 million fraud perpetrated by insurer’s former employee based on complaint asserting civil RICO claims
- Represented major accounting firm in obtaining dismissal of professional negligence claims seeking over $200 million under New York law
- Represented healthcare private equity firm in no-action investigation by Department of Justice relating to pharmaceutical kickback scheme alleged in whistleblower complaint
- Represented Major League Baseball team against breach of contract claims asserted by former executive
- Represented non-profit animal rescue organization pro bono in week-long trial over custody of rescued dog, resulting in successful settlement for client
Recognitions
- Super Lawyers, New York Metro Rising Stars: Business Litigation, 2023-2024
Credentials
Education
Cornell Law School, JD, 2017
Cornell University, BA, 2012
Admissions
New York
Courts
Eastern District of New York
Southern District of New York
