Photo of Craig A. Wolfe

Craig A. Wolfe

New York
F: 917.438.6130


  • J.D., Yale Law School
  • B.A., University of California, Berkeley, highest distinction
  • California
  • District of Columbia
  • New York
Thought Leadership


Craig Wolfe is a partner in the Finance & Restructuring Practice Group in the firm's New York office.

Areas of Practice

Mr. Wolfe represents debtors and purchasers of specific assets and businesses in the context of chapter 11 bankruptcy cases.  

Craig has more than two decades of experience representing clients in industries that include retail, apparel, food and beverage, packaging, technology, ocean shipping, shipbuilding, petroleum trading, offshore oil, pipeline, transportation and logistics, entertainment, telecom, chemical, aircraft, steel, publishing, manufacturing, and printing. 

Through early intervention, Mr. Wolfe has excelled in assisting numerous companies avoid becoming chapter 11 debtors in the first instance, often on the eve of a potential filing and fully prepped for a “first day” hearing if a bankruptcy became necessary, but also intended to obtain negotiating leverage to avoid a filing. While the names of those companies remain confidential, a sampling of some of Craig’s clients that ultimately used the chapter 11 process to accomplish their restructuring goals includes the following: Relativity Media (television and motion picture), Compressus (healthcare software), Contessa Premium Foods (seafood import and food manufacturing), Warnaco (apparel and retail), Owens Corning (building materials), Horizon PCS (telecom), Federal Mogul (automotive parts manufacturing), Imagyn Medical Technologies (medical devices), Aragon Engineering (automotive parts manufacturing) and the Everyday convenience store chain (gas stations and convenience stores).

Mr. Wolfe is known for his immersive, “hands on” approach and often becomes imbedded on location in the distressed companies he advises. Given Craig’s extensive business-side experience, he quickly becomes a critical and indispensable resource for management and boards of directors. Frequently, when Craig’s intervention has been invited early, he has facilitated in and out-of-court restructurings that have resulted in the retention of equity and preserved jobs. These skills originated from Craig’s prior experience serving as the CEO of an ocean transportation company for more than a decade. Even today, Craig regularly represents various parties in distressed situations involving maritime businesses, including the sale of the specific assets and the businesses themselves.  

Craig also represents strategic and private equity clients in purchasing distressed businesses and specific assets. While these sales are typically done under the section 363 process, in some situations, his clients benefitted from the preservation of tax attributes by conducting a sale under a plan of reorganization. In certain cases, the monetized tax attributes ultimately achieved greater value than the actual business assets alone.  

Mr. Wolfe also represents creditors' committees in the bankruptcies of companies in many industries, including the media, entertainment, telecom, technology, manufacturing, healthcare, shipping, shipbuilding, alternative energy, and onshore and offshore petroleum industries. He has recently served as counsel to the official committees of unsecured creditors in the bankruptcy cases of AOG Entertainment (American Idol television show), Bostwick Laboratories (cancer diagnostic lab), Suntech America (solar manufacturer), Conexant (chip manufacturer), UPH Holdings (telecom), Metro Fuel (biofuel refiner), and eight separate bankruptcy cases in the maritime industry. He also represented the proposed official committee of unsecured creditors in the chapter 9 bankruptcy of Jefferson County, Alabama, which at the time, was the largest municipal bankruptcy filed in the United States.


  • Recipient of the Turnaround Management Association's Transaction of the Year - Mid-Size Company Award for his work as counsel to Contessa Premium Foods, Inc.
  • Recommended in US Legal 500 for his work in the Corporate Restructuring area, 2010, 2012, 2014

Thought Leadership


Speaking Engagements

  • "International Maritime Bankruptcy: Update on Chapters 11 and 15 in OW Bunker, TMT and Hanjin. How Is It Working? How Could It Be Better?," Pacific Admiralty Seminar, November 29, 2017