ABOUT RAY KRIEGBAUM
As the Legal Affairs Director of a NASDAQ traded corporation whose business was the acquisition and aggregation of television programming for satellite and cable distribution, Ray managed and authorized approximately $8 million in legal expenditures, (saving the company approximately $1 million in that process), and helped raise nearly $30 million in new funding through private placements.
He accomplished legal cost savings by meticulously reviewing each and every legal description, cost, and expense on legal invoices and by correcting errors and negotiating cost reductions. He worked very closely with dozens of attorneys to manage outside litigation. He also managed transactional attorneys involved in content licensing and distribution agreements with Direct Broadcast Satellite and Cable Multi System Operators as the liaison between the business and counsel.
Ray’s legal team successfully defended the corporation from a hostile takeover by a wealthy financier, a NASDAQ delisting, a proxy contest to oust management and replace the board of directors waged by dissident directors, plus contract, fraud, copyright, and securities related litigations (among other legal issues). During the past 5 years of public company experience he reported directly to the Executive Vice President (now C.E.O). He met with managing partners and challenged problem billing which lead to current credits and future cost savings. He also met with legal office administrators and negotiated lower legal costs.
Ray has worked over the years with a small army of litigators and other lawyers that included Dennis Block of Cadwalader, Wickersham, and Taft, www.cadwalader.com, Harvey Pitt (former S.E.C. chairman) while with Fried, Frank, Harris, Shriver, and Jacobson www.ffhsj.com, Alan Isaacman of Isaacman, Kaufman, and Painter, www.ikplaw.com and law firms located locally in Colorado as well as Washington, D.C., New York, and Los Angeles.
Ray is not a member of the bar yet completed part-time law study in California while serving in the U.S. Navy. He was later trained at an American Bar Association approved litigation program. Before Ray’s public company experience, he worked for 7 years in small and medium sized law firms as a litigation assistant (recognized as a “top-biller”) and as a legal administrator responsible for office operations which included staff management.