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Lawyers

Craig Rasile

Craig Rasile

Winston & Strawn LLP, United States

Work Department

Restructuring and Insolvency/ Bankruptcy Litigation and Investigations

Position

Craig focuses his practice on restructuring and insolvency matters, emphasizing bankruptcy, corporate restructuring, workouts, creditors’ rights and commercial litigation. He typically represents clients in the retail, health care, energy, telecommunications, gaming, transportation, logistics, franchise, manufacturing, REIT and financial institution industries.

Craig represents corporate and partnership debtors, trustees, indenture trustees, creditor committees, as well as financial institutions, private equity funds, hedge funds, and secured creditors in workouts, change of control transactions, and complex Chapter 11 reorganization cases involving pre-packaged and pre-negotiated arrangements, as well as traditional plans of reorganization.

With several years of international experience, 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. He also has experience in ancillary bankruptcy proceedings filed in the U.S. involving the assets of foreign debtors.

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

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

Career

Lawdragon “500 Leading Global Bankruptcy & Restructuring Lawyers” (2025) Chambers USA, Bankruptcy, 2003–2025 The Best Lawyers in America® Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law, 2005–2025 Commercial Litigation, 2008–2025 Litigation - Bankruptcy, 2011–2025 Corporate Law, 2025 Top Rated Lawyer, Super Lawyers - Florida “Super Lawyers”, 2006–2024 The Legal 500 U.S., Restructuring (including Bankruptcy): Corporate, 2021 The Legal 500 Latin America International Firms, Banking & Finance and City-Focus Miami, 2024 Who’s Who Legal, Insolvency & restructuring, 2007, 2013–2016 Florida Super Lawyers, Top 50 Lawyers Florida Trend magazine, Florida’s Legal Elite

Craig has repeatedly been recognized in Chambers USA since 2003 in the area of Bankruptcy. Craig is an “excellent lawyer” and sources describe him as “a high-powered negotiator and very business-oriented.” Observers have said he “has a strong understanding of bankruptcy law and amazing negotiation skills,” and “he is extremely smart, knows the law remarkably well, and is very effective in putting forth his position.” Craig is also described as “the kind of lawyer who takes all the stress away from the experience.” One source noted, “his responsiveness was like nothing I’d ever seen; his attentiveness and expertise were second to none.” The Best Lawyers in America® has recognized Craig in both Bankruptcy and Business Litigation. Florida Super Lawyers magazine has named him several times among the top 50 lawyers in Florida, and Florida Trend magazine has listed him among “Florida’s Legal Elite,” the state’s “lawyers held in the highest regard.”

Languages

English

Memberships

Fellow, American Bar Foundation Fellow, Florida Bar Foundation Florida Fiduciary Forum, Steering Committee Member Bankruptcy Bar Association for the Southern District of Florida Bankruptcy/UCC Committee of the Business Law Section of the Florida Bar Bankruptcy Litigation and Business Reorganization Committees of the America Bar Association American Bankruptcy Institute

Education

Craig received his J.D. from the University of Miami School of Law and earned his A.B. from Grinnell College, with honors.

Admissions Florida New York

Mentions

Content supplied by Winston & Strawn LLP