Craig A. Damast

Attorney

New York, (212) 336-4024

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Education

University of Pennsylvania (B.A., 1988)
;
St. John's University School of Law (J.D., 1991)

Practices

Business Restructuring + Insolvency

Bar Admissions

New York

Craig Damast is an attorney in the firm’s Business Restructuring & Insolvency Group. Mr. Damast focuses his practice on all aspects and phases of Chapter 11 cases and regularly represents debtors, committees, liquidation trustees, landlords, secured lenders, individual creditors and other parties. He has worked on bankruptcy cases in a multitude of industries, including the real estate, apparel, electric generation, manufacturing, retail, healthcare, theatrical and airline industries.

Prior to joining Morrison & Foerster, Mr. Damast was an attorney at another international law firm in New York. He earned his J.D. from St. John’s University School of Law in 1991 and his B.A. from the University of Pennsylvania in 1988.

MF Global Holdings Ltd.

(Bankr. S.D.N.Y.) Counsel to Louis J. Freeh, former Federal Judge and former Director of the Federal Bureau of Investigation, as Chapter 11 Trustee for MF Global in its Chapter 11 bankruptcy proceeding. With $41 billion in assets at the time of filing, MF Global was the largest bankruptcy filing of 2011 and the eighth-largest in U.S. history. This case involves a wind-down of an extremely complex global operation and the realization of value from various entities in the MF Global Group, many of which are in their own administration or liquidation proceedings domestically and internationally.

In re Pinnacle Airlines Corp., et al.

(Bankr. S.D.N.Y.) Representation of the Official Committee of Unsecured Creditors in the Chapter 11 cases of Pinnacle Airlines Corp., et al. Pinnacle Airlines operates as Delta Connection for Delta Airlines, the Debtors’ largest customer and post-petition lender. At the time of filing of their bankruptcy petitions on April 1, 2012, the Debtors had 8,000 employees, over $1 billion in annual revenue and operated over 800 flights a day.

U.S. Subsidiaries of Hampson Industries PLC

Representation of the U.S. operating subsidiaries of Hampson Industries PLC, a U.K. publicly-traded company and global manufacturer and supplier of engineered products to customers in the aerospace and specialist engineering markets, in connection with their out-of-court restructuring and ultimate sale to American Industrial Partners for approximately $44 million.