Edward B. Kramer
| Edward B. Kramer | |
|---|---|
 Kramer addresses the Greater Baton Rouge Growth Coalition Board in 2005 | |
| Born | August 2, 1965 Atlanta, Georgia |
| 🏡 Residence | Baton Rouge, Louisiana |
| 💼 Occupation | Attorney, Real-Estate developer, President Baton Rouge Growth Coalition |
| 👩 Spouse(s) | deCarla Belcher Kramer; (m. 1990; d. 2016) |
| 👶 Children | Annie Kramer (b. 1999); Sutter Kramer (b. 2001) |
Edward B. Kramer (August 2, 1965) is a Baton Rouge, Louisiana-based attorney turned real estate developer, who was involved in the re-development of South Louisiana following Hurricane Katrina.
Education[edit]
Kramer graduated from Louisiana State University (LSU) with a degree in Economics,[citation needed] and in 1990 from LSU Law School[1] with honors.
Career[edit]
Attorney[edit]
Kramer has a private law practice in Baton Rouge, Louisiana.[2] A member of the LSU Law Review, he authored Louisiana Lender Liability,[3] in 1990, during the height of the 1980s Real Estate Crisis in South Louisiana.
Kramer brought a case before the Louisiana Court of Appeal in 1994, where he was involved in the case Watterson v. Mallard Bay Drilling. Retired Judge Lucien C. Bertrand, Jr. participated in this decision by appointment of the Louisiana Supreme Court as Judge Pro Tempore.[4] The Court of Appleal applied the FELA Rule that a violation of a safety regulation negated the contributory negligence of an injured seaman. It ruled that the trial court judgment is modified, stating Mallard Bay Drilling was 100% at fault, and the damages for lost wages were reduced to $221,494. There were no other changes to the trial court decision.[5]
Real estate[edit]
By 2006, Kramer was a developer with Palm Hills Development in Baton Rouge. After Hurricane Katrina, he went ahead with plans to expand an existing 203-unit complex in southeast Baton Rouge. He expressed concern though about the market if people move out of the area.[6] Kramer said: "After Katrina, lenders lent and builders built on the assumption that Baton Rouge would get a huge permanent population increase that never materialized." Further he stated that the area had a run-up in prices for lots and homes, but never had a comparable downturn; a significant price drop was inevitable.[7] He stated that the economy collapsed and development companies failed because they continued to build, based on the financial strategy of writing-off depreciation, but were unable to do so.[8]
Kramer was often called upon to ascertain the demand for housing in the aftermath of this unprecedented natural disaster.[9][verification needed]
Personal life[edit]
After suffering from a stroke in 2013, and a divorce from 24-year marriage in 2016, Kramer lives a partially retired life. He assisted the Sigma Chi Fraternity with the re-issuance of a book, written in 1976 by Louisiana Lt. Governor Jay Dardenne Milk and Donuts Forever, with all proceeds going to assist the LSU Chaper of the Sigma Chi Fraternity. He had a daughter (Annie) in 1999, and a son Sutter Kramer in 2001. [10][not in citation given] Kramer lives in Baton Rouge, Louisiana.
References[edit]
- ↑ "Mr. Edward B. Kramer". Texas Bar Association. Retrieved December 9, 2016.
Kramer received a license to practice law in Texas in 1996 and is not inactive.
- ↑ "Edward B. Kramer - Lawyer in Baton Rouge, Louisiana (LA) East Baton Rouge County". legaldirectories.com.
- ↑ B., Kramer, Edward (1989-01-01). "Louisiana Lender Liability". Louisiana Law Review. 50 (1).
- ↑ "Watterson v. Mallard Bay Drilling, Inc., 649 So. 2d 431 – CourtListener.com". CourtListener. Retrieved 2016-05-31.
- ↑ "Watterson v. Mallard Bay Drilling". Google Scholar. 1995. Retrieved December 9, 2016.
- ↑ Maura Webber Sadovi (July 12, 2006). "Demand for Commercial Space Remains Robust in Baton Rouge". Wall Street Journal.
- ↑ "Baton Rouge Area Chamber". www.brac.org. Retrieved 2016-06-13.
- ↑ "Oasis of blight - As Baton Rouge develops around it, Gardere faces an uncertain future. - Baton Rouge Business Report". Baton Rouge Business Report. 2013-02-19. Retrieved 2016-05-31.
- ↑ "The Final Version of Post-Katrina Baton Rouge is Unfinished, But Optimism Rules in Capital City," Business Report, September 12, 2006.
- ↑ Dardenne, Jay. Milk and Donuts Forever: A History of the Gamma Iota Chapter of Sigma Chi 1924-1976. Search this book on
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