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Joshua Kroot

Joshua Kroot

Elite Business and Litigation Attorney | Adviser to Exceptional Companies
  • Business Law, Arbitration & Mediation, Bankruptcy ...
  • California, New York
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Business attorney with demonstrated record of success in high-stakes litigation. Adviser to multi-national corporations, growth-focused startups, closely held companies and non-governmental organizations. Skilled in dispute resolution, class actions, insurance, financial and regulatory actions. Experience growing businesses from idea to exit. Founder of and adviser to multiple companies in U.S. and abroad.

Practice Areas
  • Business Law
  • Arbitration & Mediation
  • Bankruptcy
  • Intellectual Property
  • Securities Law
  • Insurance Claims
  • Entertainment & Sports Law
  • Insurance Defense
  • Communications & Internet Law
  • Civil Rights
  • Construction Law
Additional Practice Areas
  • Commercial Litigation
  • Class Action Defense
  • Financial Institutions
  • Startup Ventures
  • Early-stage Startups
Video Chat and Conferencing
  • FaceTime
  • Google Hangouts
  • Skype
  • Zoom
  • BlueJeans
  • FreeConferenceCall
  • Google Duo
  • GoToMeeting
  • Lifesize
  • Microsoft Teams
  • RingCentral
  • UberConference
  • WebEx
  • WhatsApp
  • Free Consultation
  • Credit Cards Accepted
  • Contingent Fees
  • Rates, Retainers and Additional Information
    Most business and contract work can be billed either at a flat rate per project, or hourly. Basic business and contract advice is also available on a subscription basis. Some lawsuits can be taken on contingency, meaning we'll be paid out of any amount you recover, and you won't pay unless you win or get a settlement. Any lawsuit that can't be taken on contingency can be billed at flat rates per project or hourly.
Jurisdictions Admitted to Practice
State Bar of California
ID Number: 291371
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New York
New York State Office of Court Administration
ID Number: 4867958
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2nd Circuit
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9th Circuit
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  • Bulgarian: Spoken, Written
  • English: Spoken, Written
  • French: Spoken, Written
Professional Experience
Business and Complex Litigation Attorney
- Current
Advise companies and individuals in business ventures, litigation, litigation avoidance and dispute resolution. Extensive track record of successful trials and case resolutions including: - Representation of financial services firm in complex securities fraud class action and series of related arbitrations. Achieved denial of class certification. - Representation of coalition of entertainment companies in several litigations and appeals, successfully challenging various unconstitutional statutes on First Amendment grounds. - Representation of multinational insurer in insurance bad faith litigation alleging failure to pay tens of millions of dollars of defense costs in several pollution liability cases. - Representation of casino holding company in successfully settling challenge to company’s possession of naming rights purchased in bankruptcy proceeding. - Representation of marketing company sued for alleged failure to supervise employees. Achieved a dismissal of all claims.
Legal Advisor
Hughes Media Law
Represented entertainment production company in financing and producing film with approximate budget of $10 million. Negotiated deal terms and drafted contracts for the licensing of music, film footage, and other pieces of intellectual property. Structured and drafted merger between two entertainment companies.
Legal Advisor
CHF International
Participated in discussions and wrote policy papers concerning proposed changes to micro-financing competition laws in Eastern Europe. Participated in negotiations with funding partners including multi-national private banks and the European Bank for Reconstruction and Development. Advised company on legal issues raised by Romania’s accession to European Union.
Peace Corps Volunteer
United States Peace Corps
Supported education and economic development in Bulgaria in preparation for accession to European Union. Incorporated, managed and secured financing for a cooperative of wine producers from Southern Bulgaria. Acquired support from USAID, the Wine Marketing Group and other organizations to create wine production and distribution plans and implement modern cultivation techniques.
University of Southern California Gould School of Law
Honors: Carl Mason Franklin Award in International Law, Sonnenschein Scholar, Public Interest Law Foundation Grant Recipient
Activities: President – Law & International Development Society
University of Southern California Gould School of Law Logo
London School of Economics and Political Science
Dissertation: The Era of Their Discontent: Can the Concept of Remedial Self-Determination Reconcile Group Needs with Westphalian State Sovereignty?
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University of Michigan - Ann Arbor
B.A. (2002)
Undergraduate Research Opportunities Program, Michigan Daily Newspaper, Delta Chi
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Professional Associations
American Bar Association
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Los Angeles County Bar Association
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Websites & Blogs
Legal Answers
2 Questions Answered

Q. Right if first refusal in our lease agreement was not provided with the actual property price.
A: In general, if you otherwise have a claim under the right of first refusal clause, you should be able to sue after the sale has already taken place. Depending on how the sale was structured, it may or may not be difficult to get it essentially reversed so that you are able to purchase the property. If you are unable to get it reversed, you may still be entitled to money damages, but you may have to prove those up using an expert. Alternatively, some contracts already set a default damages amount within them (so called “liquidated damages”), so that you would not have to prove them up separately. Your best bet is to have a lawyer review the contract and the facts surrounding the sale, and advise you as to whether you have a claim and if so, what remedy you’re likely to be able to achieve at trial if you sue. Depending on the circumstances you may also be able to reach a settlement with the current seller and/or buyer without going all the way to trial, and a lawyer can advise on this as well.
Q. What is best for me llc or corporation i want to start a business buying properties in other states and rent them out
A: There are a few factors that will play into your decision, including how many properties you are planning on holding, whether there will be other owners, partners or investors in the business, and what your tax situation is. Often, real estate holding companies will be structured as LLCs. Many times, a new LLC will be formed for each property held, which among other things may help to limit liability so that liability affecting one property may be less likely to affect another. That said, there are instances in which you may want to hold properties through a partnership or even a corporation, or may want to create an umbrella company that holds subsidiary entities that hold the property. Your best bet is to discuss your situation in more detail with an attorney or your CPA.
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Contact & Map
601 S. Figueroa St.
Suite 2500
Los Angeles, CA 90017
Telephone: (213) 677-0856
Monday: Open 24 hours
Tuesday: Open 24 hours
Wednesday: Open 24 hours
Thursday: Open 24 hours
Friday: Open 24 hours
Saturday: Open 24 hours
Sunday: Open 24 hours (Today)
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