LOS ANGELES—The Los Angeles Times has named Covington partners Heather Habes and Kate Kraus as “Legal Visionaries” in its business of law feature recognizing standout law firm attorneys.
Heather is an insurance coverage partner in Covington's Los Angeles office who represents corporate policyholders in complex, high-stakes insurance disputes across a range of industry sectors, from entertainment and media to manufacturing and environmental conservation. She works closely with in-house counsel and senior executives to maximize insurance protection and recovery in both informal negotiations and litigation with insurers, and is recognized for her ability to guide clients through emerging exposures, including cutting-edge questions surrounding the risks and potential coverage implications of artificial intelligence and other evolving technologies. Heather has previously been named a Business Insurance Break Out Award honoree, a Law360 Insurance Rising Star, and one of the Los Angeles Business Journal's Leaders of Influence: Insurance.
One of the country's leading authorities on partnership tax, Kate is a partner in Covington's Los Angeles office. With more than 20 years of experience in tax planning, transactional advice, and tax controversy representation, she advises on a wide range of partnership, corporate, and real estate matters, including joint ventures, fund formations, mergers and acquisitions, restructurings, and REIT transactions. Kate is the author of the Bloomberg Tax Management Portfolio on the BBA partnership audit rules, for which she was named Bloomberg BNA Tax Portfolio Author of the Year in 2023, and she serves as Conference Co-Chair of the Practicing Law Institute's Understanding the BBA Partnership Audit Rules conference. She is a Fellow of the American College of Tax Counsel. Kate has previously been named to the Los Angeles Business Journal's Women of Influence: Finance list and its Women of Influence: Attorneys list.