Craig Unterberg

A member of our Executive Committee and the managing partner of the firm’s New York office, Craig Unterberg has handled an industry-leading number of margin stock, NAV facilities, and structured equity transactions on behalf of financial institutions, private equity funds, and hedge funds. He heads up the firm’s New York-based Margin Lending and Structured Equity Practice Group, and is a go-to lawyer for his clients on complex Regulation U and other regulatory matters.

A market leader in handling complex onshore and offshore margin and fund financing facilities, Craig advises on a range of derivative, prime brokerage, private equity, and hedge fund financing transactions for both buy- and sell-side counterparties. Chambers USA 2021 (Chambers and Partners) cites a client who states that Craig “is always constructive and communicates well... [H]e has been invaluable to us in assessing possible courses of action and providing advice that is practical and business-savvy."

Craig’s practice group is ranked by Chambers USA (Chambers and Partners) for its work on financial services regulatory matters. Clients rave that the group is "best-in-class," and “excellent in their drafting skills, precedent database, market knowledge, and overall execution." Another Chambers source reports that the team “is very responsive and takes a collaborative approach in representing us. They are good at understanding and efficiently implementing our objectives."

As the former head of our Finance Practice Group, Craig also represents borrowers and lenders in the leveraged lending, asset-based, and M&A financing spaces. Clients also look to Craig to handle loan restructurings and DIP facilities. He regularly leads national presentations on margin loans, intercreditor agreements, forbearance agreements, and bankruptcy matters relating to lending transactions.

Craig has received wide recognition from industry publications, including being named a 2019 “Trailblazer” by New York Law Journal (ALM Media Properties, LLC), an honor bestowed on select “innovators and thought leaders” who have made “significant marks” on the legal industry. He is a member of the Community Assistance Panel for Marines stationed on Camp Lejeune and is the immediate past president of the American Jewish Committee’s NY Region.