Mark A. Craige

Guiding clients through complex circumstances to secure optimal outcomes

Mark Craige concentrates his practice on bankruptcy, insolvency, creditor’s rights matters, receiverships and related commercial litigation. Having practiced in the insolvency and restructuring arena for decades, Mark has developed substantial experience representing secured creditors, debtors, committees and trustees in complex Chapter 11 proceedings, as well as business Chapter 7 matters and bankruptcy litigation. Much of his work involves sophisticated commercial reorganizations in which legal strategy, financial analysis and operational realities must align to achieve a successful result.

Bringing extensive courtroom and restructuring experience

Mark draws on his deep experience and keen insight to serve clients in both courtroom advocacy and strategic restructuring negotiations. Clients value his ability to quickly assess complicated situations, identify the evidence necessary to support their position, and prepare cases thoroughly for litigation when disputes arise. Nationally board-certified in business bankruptcy law by the American Board of Certification, Mark is known for assembling strong expert teams, developing clear evidentiary presentations, and approaching bankruptcy litigation with strategic organization and highly regarded credibility before the court.

Evaluating the feasibility of business reorganizations

Before recommending that a client pursue reorganization, Mark works closely with financial advisors and restructuring professionals to evaluate the company’s historical performance, projected cash flow, creditor structure and overall ability to sustain a workable plan of reorganization. He believes that successful Chapter 11 cases or out-of-court workouts begin with rigorous preparation and honest analysis rather than wishful thinking or delay tactics. As he often tells clients, “If it’s not going to work, don’t do it.” That practical philosophy has helped Mark develop a reputation for pursuing reorganizations only when the underlying business and financial realities support a successful outcome.

Managing restructurings with strategy and precision

Once a viable restructuring path has been identified, Mark collaborates extensively with bankruptcy financial advisors and expert witnesses to establish a clear strategic roadmap, cultivate the evidentiary record, and prepare the case for contested hearings if necessary. His experience allows him to quickly identify critical issues, assemble the right professionals, and organize complex matters in a way that gives clients the strongest possible footing in court.

Representing creditors in commercial insolvency matters

A significant portion of Mark’s practice also involves representing secured creditors in commercial bankruptcy and foreclosure matters involving income-producing properties and operating businesses. In these matters, he focuses on protecting collateral, preserving cash flow, and helping lenders navigate the operational and financial challenges that often arise when distressed borrowers remain in control of revenue-generating assets. Mark understands that successful creditor representation requires not only knowledge of bankruptcy law, but also a practical understanding of business operations, financial structures and the realities of commercial workouts and liquidations.

Employing receiverships and reorganizations to preserve value

In addition to traditional bankruptcy proceedings, Mark has built a successful receivership practice involving the liquidation of operating businesses. He frequently works on matters where preserving a company as “a going concern” creates substantially greater value than shutting down operations and liquidating assets piecemeal. The use of receiverships to facilitate the sale of a company as a going concern is often accomplished more efficiently than by traditional liquidating Chapter 11 proceedings. For Mark, some of the most rewarding cases are those in which a restructuring or sale process helps preserve jobs, stabilize a business, and benefit the surrounding community while maximizing value for creditors and stakeholders.