Craig Rasile focuses his practice in the insolvency area, emphasizing bankruptcy, corporate restructuring, creditors' rights, workouts and commercial litigation in industries, including retail, health care, energy, telecommunications, gaming, transportation, franchise operations, manufacturing, REITs and financial institutions.

Craig's most recent engagements concern the representation of corporate and partnership debtors, trustees, indenture trustees and creditor committees as well as financial institutions and other secured creditors in workouts, change of control transactions and complex chapter 11 reorganization cases involving pre-packaged, pre-negotiated liquidating and traditional plans of reorganization.

Craig has been involved in foreign bankruptcy proceedings in Brazil, the Cayman Islands, Curaçao, Germany, Puerto Rico, St. Thomas, Spain, the United Kingdom and Venezuela, and in ancillary bankruptcy proceedings filed in the United States involving the assets of foreign debtors.

Craig has experience in securitized loan transactions, secured and unsecured bond transactions and the establishment of bankruptcy remote special purpose entities in connection with such transactions. He has rendered legal opinions in reference to securitized loan and municipal bond transactions which have been reviewed by various rating agencies. He has also rendered preference and fraudulent transfer opinions.

Craig also has extensive experience representing SEC, CFTC and FTC receivers in federal court securities fraud and consumer fraud receivership/bankruptcy cases. Such cases frequently involve Ponzi schemes and other types of investor fraud.