Craig has over 30 years of experience in Delaware corporation law matters, including mergers, reorganizations, acquisitions, proxy contests, election contests, anti-takeover measures, stockholder voting requirements, legality of charter and bylaw provisions, sale of assets, indemnification, executive compensation, and special committees of the board of directors (including special litigation committees). His corporate litigation experience includes representation of plaintiffs and defendants in takeover litigation, statutory appraisal proceedings, dissolution proceedings, and derivative and class actions relating to breach of fiduciary duty.
One of the principal draftsmen of the Delaware Revised Uniform Partnership Act, the Delaware Revised Uniform Limited Partnership Act, and the Delaware Limited Liability Company Act, Craig is a nationally recognized authority in the area of partnership and limited partnership law. Craig's experience includes both the drafting of limited partnership and limited liability company agreements for a variety of limited partnerships and limited liability companies, as well as rendering opinions to partnerships and other law firms on matters of Delaware partnership, limited partnership and limited liability company law.
Representative Cases
Alpine Investment Partners v. LJM2 Capital Management, L.P., 794 A.2d 1276 (Del. Ch. 2002); R.S.M. Inc. v. Alliance Capital Management Holdings, L.P., 790 A.2d 478 (Del. Ch. 2001); Strassburger v. Earley, 752 A.2d 557 (Del. Ch. 2000); Bond Purchase LLC v. Patriot Tax Credit Properties, L.P., 746 A.2d 842 (Del. Ch. 1999); S.I. Management L.P. v. Wininger, 707 A.2d 37 (Del. 1998); In re American Tax Credit Properties Ltd. Partnerships, 714 A.2d 87 (Del. Ch. 1997).
Professional Associations and Memberships
· Delaware State Bar Association: Member, Corporation Law Section; Member, Commercial Law Section; Member, Council of the Corporation Law Section (1987-90; 1993-2005) (Secretary 1988-90; Vice Chair, 1996-98; Chairman, 1998-00); Member, Court of Chancery Fiduciary Rules Committee (1986-89); Member, Subcommittee on Delaware Alternative Entities (including partnerships, limited partnerships and limited liability companies) (1984-2006; Chairman, 2002-2004); Member, Special Committee of Public Officials Code of Conduct (1990-1991); Chairman, Subcommittee on Communications to Missing or Unlocated Stockholders (1984-85).
· American Bar Association: Member, Committee on Partnerships and Unincorporated Business Organizations, Section of Business Law; Member and Fellow, Section of Litigation.
· Member, Advisory Board, BNA Corporate Practice Series, The Bureau of National Affairs, Inc. (1988-present).
· Member, Editorial Board, State Limited Partnership Laws, Aspen Law and Business (1987-present).