Practice Expertise

  • Bankruptcy, Creditors' Rights and Corporate ...
  • Financial Institutions
  • Litigation & Dispute Resolution
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Areas of Practice

  • Bankruptcy, Creditors' Rights and Corporate ...
  • Financial Institutions
  • Litigation & Dispute Resolution
  • Bankruptcy Litigation
  • Corporate Restructuring, Bankruptcy, and ...
  • Receivers, Receiverships & Trustees
  • Unsecured Creditors’ Committees and Other ...
  • View More

Profile

Since 1997, Craig Russillo has been helping clients resolve complex commercial disputes, particularly with respect to borrowing, lending and real estate. Craig works extensively with lenders and creditors in judicial and non-judicial foreclosures, representing their interests in state, federal and bankruptcy courts. He also has significant experience with real property disputes, including complex title issues, landlord/tenant disputes and construction matters.

An experienced litigator and trial lawyer, Craig is known for his skill in efficiently identifying, evaluating and resolving all types of business and commercial disputes. He understands that for clients, every legal decision is also a business decision, and strives to provide both outstanding legal representation and attentive, diligent service.

Craig also heads Schwabe’s team representing clients in the burgeoning field of unmanned aerial vehicles (aka “drones”).  Craig is a frequent speaker to industry clients and trade groups regarding the current state and federal regulations applicable to the commercial use of drones, and represents clients before the Federal Aviation Administration seeking authority for the commercial use of drones.  Craig is a member of the Association of Unmanned Vehicles International, the leading trade organization for the drone industry.

Bar Admissions

  • Oregon State Courts
  • Washington State Courts
  • United States District Court, District of Oregon
  • United States District Court, Eastern District of Washington
  • United States District Court, Western District of Washington

Education

  • Willamette University College of Law, Juris Doctor degree, cum laude (1997)
  • California State University Fresno, Bachelor of Science degree, Criminology (1994)

Areas of Practice

  • Bankruptcy, Creditors' Rights and Corporate Restructuring
  • Financial Institutions
  • Litigation & Dispute Resolution
  • Bankruptcy Litigation
  • Corporate Restructuring, Bankruptcy, and Litigation
  • Receivers, Receiverships & Trustees
  • Unsecured Creditors’ Committees and Other Creditor Representation

Professional Career

Significant Accomplishments
  • Defended an international cement manufacturer as lead counsel in federal court claims by a concrete supplier that cement was defective.
  • Represented Oregon’s largest community bank in complex Chapter 11 and Chapter 7 bankruptcy cases, seeking to recover a large deficiency balance.
  • Used the fast-track eviction process to help a large commercial landlord recover possession of property in breach of lease matter.
  • Represented a large national lender in a large, complex loan workout with the borrower and numerous guarantors.




Articles

Additional Articles
  • The Lender’s Role in the PPP Loan Review Process
  • What to Know About PPP Appeals and Next Steps (updated 02/24/2022)
  • First Draw Loans at or Over $2 million—SBA Discontinues Use of Necessity Questionnaires and What Is Next
  • First Draw PPP Loans $2 Million and Up and the PPP Necessity Questionnaires 
  • Oregon Commercial Rent Relief Program
  • Updated Key Considerations for PPP Documentation under the Economic Aid Act
  • Grounds for SBA Review, the SBA Loan Review Process, and Borrower Items
  • Initial Takeaways and Agency Guidance for the Latest PPP Updates
  • Highlights of PPP Loan Items in the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act and 2021 Consolidated Appropriations Act (Updated 01/06/2021)
  • Overview of COVID-19-Related Eviction Moratoria Extensions
  • COVID-19: Oregon House Bill 4204 Changes the Landscape for Foreclosures (Updated 8/31/20)
  • Paycheck Protection Program Portal
  • During Economic Uncertainty, Agricultural Producers Should Utilize All Available Tools—Especially Agricultural Liens—to Ensure Payment for Their Products

Seminar

  • What Senate Bill 608 Means For Your Rental Property (11:00 am to 1:00 pm)
  • What Senate Bill 608 Means For Your Rental Property (5:00 pm to 7:00 pm)
  • Forest Products University: The Business Side of the House
  • Law and Policy at the Bleeding Edge

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