Craig A. Boneau has been a partner at Reid Collins & Tsai LLP in Austin since its origin. Boneau specializes in complex cross-border commercial litigation, insolvency-related claims, and financial-fraud litigation on behalf of trustees, receivers, and creditors. He has negotiated high-value settlements for clients from bankruptcy and litigation trustees to minority shareholders and defrauded companies. Boneau is currently representing North American Sugar Industries, Inc. in a lawsuit alleging that Chinese, American, and Singaporean companies violated the Helms-Burton Act by unlawfully trafficking in its confiscated Cuban property.
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Key clients
- North American Sugar Industries, Inc.
- JW Aluminum Company
- Litigation Trustee for the Brooks Brothers Litigation Trust
- Christopher Kennedy and Alexander Lawson of Alvarez & Marsal Cayman Islands, the Joint Official Liquidators of Farfetch Limited
- Jeoffrey L. Burtch, as chapter 7 trustee of the estates of Dura Automotive Systems Cable Operations
- Beattie Ashmore, as Receiver for the FIP Receivership Entities.
Work highlights
Representing JW Aluminum in litigation against insurers over a South Carolina facility fire causing $33M in equipment and $100M+ in business interruption losses, with claims for breach of contract and bad faith proceeding after a Fourth Circuit reversal.
Representing the Brooks Brothers bankruptcy trustee in claims against former directors, including Del Vecchio, for alleged fiduciary breaches and self-dealing that allegedly cost the company $160M, seeking over $100M in damages.
Representing North American Sugar Industries in Helms-Burton Act litigation over alleged trafficking in Cuban-confiscated property, securing an Eleventh Circuit reversal endorsing a broader interpretation of the statute.