Christina Craige represents debtors, creditors (including bond insurers), and other parties-in-interest in a variety of restructuring and insolvency-related matters, including out-of-court refinancings and chapter 11 and chapter 9 proceedings. In particular, Ms. Craige has particular experience in chapter 11 proceedings driven by products liability and other mass tort litigation.

Ms. Craige also serves on the board of the IWIRC Washington DC Network.

Ms. Craige regularly prepares and guides companies through complex chapter 11 proceedings. Her work includes:

  • Providing strategic advice to boards and in-house counsel in connection with pending and potential restructuring transactions and proceedings
  • Negotiating, drafting, and implementing chapter 11 plans of reorganization
  • Drafting and negotiating sale documents and requests for court approval of section 363 asset sales
  • Negotiating and securing court approval of debtor-in-possession financing facilities and use of cash collateral

Ms. Craige advises clients in distressed situations across industries including:

  • Automotive
  • Energy exploration and production, and related services
  • Hospitality
  • Industrials and manufacturing
  • Print and film media
  • Real estate
  • Retail and consumer products 

Ms. Craige’s experience includes advising in the following public matters:

Mass Tort Experience

  • Paddock Enterprises, formerly known as Owens-Illinois, Inc. (chapter 11; client, Debtors)
  • Imerys Talc America (chapter 11; client, Debtors)
  • The Boy Scouts of America (chapter 11; client, The Church of Jesus Christ of Latter Day Saints)
  • The Flintkote Company (chapter 11; client, Debtors)*
  • Federal Mogul (chapter 11 and UK Administrations; client, Debtors)*
  • Yarway Corporation (chapter 11; client, Debtor)*

Other Debtor Representations

  • Sorrento Therapeutics (biopharma company)
  • Starry Group (wireless internet provider)
  • Lucky Brand Dungarees (retail)
  • Sable Permian Resources (oil & gas company)
  • Real Mex Restaurants (hospitality)*
  • Key Energy Services (oil & gas services provider)*
  • Chicago National League Ball Club (baseball team)*
  • Lee Enterprises (media company)*
  • R.H. Donnelly (print company)*

Creditor and Other Constituent Representations

  • Metropolitan Automotive Warehouse (chapter 11; client, official creditors committee)*
  • North Country BBQ Ventures (chapter 11; client, secured lender)*
  • Olympic Sales (chapter 11; client, Brunswick Corporation as purchaser)*
  • In re S&B Surgery Center (chapter 11; client, Fortress Credit Corp. as litigation defendant)*
  • In re Fundamental Long-Term Care (chapter 7; client, General Electric Credit Corp. as litigation defendant)*

Municipal Restructurings

  • Commonwealth of Puerto Rico (Title III (PROMESA), client, Autonomy Capital)
  • City of Stockton, California (chapter 9, client, Assured Guaranty as bond insurer)*
  • City of San Bernardino, California (chapter 9, client, Assured Guaranty as bond insurer)*
  • Town of Mammoth Lakes, California (chapter 9, client, creditor)*

*Matter handled prior to joining Latham

Bar Qualification

  • California
  • District of Columbia

Education

  • JD, Yale Law School, 2006
  • MBA, Yale School of Management, 2006
  • BA, Rutgers University, 2001
    summa cum laude, Henry-Rutgers-Scholar