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Craig W. Budner

Global Integration and Strategic Growth Partner
+1.214.939.5806
Fax +1.214.939.5849
+1.713.815.7310
Fax +1.713.815.7301

Mr. Budner is the firm’s Global Integration and Strategic Growth Partner. He also serves on the firm’s Executive and Management Committees.

Mr. Budner has a national practice concentrating in counseling commercial litigation and arbitration with a strong focus on outsourcing. He leverages his skills to benefit many clients, including Xerox, Tyler Technologies, various litigation trusts, and major financial institutions and funds. In addition, Mr. Budner has extensive experience representing major creditors and bondholders in bankruptcy-related litigation, as well as in a wide variety of commercial litigation common to technology companies and financial institutions.

This includes:

  • Arbitration and commercial litigation related to outsourcing transactions
  • Business fraud litigation in state, federal and bankruptcy courts
  • Representation of litigation trusts and creditors’ committees in a variety of matters arising out of complex commercial bankruptcies

Achievements

Mr. Budner has received many recognitions, including:

  • 2014 Recipient of The Jack Lowe Sr. Award for Community Leadership Award (Dallas Urban Debate Alliance)
  • 2013 Recipient of the The Ann Loeb Sikora Humanitarian Award
  • Best of the U.S., bankruptcy and commercial litigation, 2006 – present
  • Texas Super Lawyers Corporate Counsel Edition, 2008 – present
  • Best Lawyers® 2013-2017 edition of The Best Lawyers in America, Commercial Litigation; Litigation – Banking & Finance, Bankruptcy, Mergers and Acquisitions
  • Best Lawyers in Dallas, D Magazine, 2005 – present
  • Texas Super Lawyers, Law & Politics Magazine and Texas Monthly, 2004 – present
    • Top 100, 2006
    • Top DFW, 2006
  • Texas Rising Star, Law & Politics Magazine and Texas Monthly, 2004
  • Best Lawyers Under 40 in Dallas, D Magazine, 2002, 2004
  • Prince Henry Navigator Award for Service to the Community, 201
  • AV Preeminent Distinction from Martindale Hubbell

    Professional/Civic Activities

    • American Bar Association
    • Dallas Assembly
    • Dallas Bar Association
    • Dallas Citizen’s Council
    • Former Barrister, Patrick E. Higginbotham Inn of Court
    • Board Member, Vogel Alcove, day care facility for homeless families
    • Board Member, St. Mark's School of Texas
    • Founder and Chairman of the Board, Dallas Urban Debate Alliance
    • Former member of Board of Directors, Temple Emanu-El
    • Former member of Board of Directors, Children’s Eye Foundation
    • Chair of Dallas Bar Association Justice Baker Scholarship Committee

    Speaking Engagements

    • "Strategies to Minimize Economic Risk in High Stakes Litigation," panel member at the Texas General Counsel Forum Quarterly Event
    • Speaker on International Arbitration at Center for International Legal Studies (CILS), Steamboat Springs, Colorado
    • Speaker on bankruptcy litigation, University of Texas Advanced Bankruptcy Litigation workshop
    • National Conference on Fraud for the American Institute of Certified Public Accountants, Bankruptcy Litigation
    • Lecturer at Southern Methodist University Dedman School of Law on Law Firm Economics and Client Development
    • Frequent Lecturer at leading U.S. law schools on law firm economics and business development practices for young lawyers

    Additional Information

    Publications
    • "Four Partners Listed Among “Best of the U.S.," July 24, 2006
    • "The Exclusionary Rule's Application in Tax Proceedings: Reconciling the Rule's Purpose for Tax Defendants," Note, Texas Law Review, March 1990
    • Representation of Xerox/ACS in a variety of outsourcing litigation disputes
    • Representation of Tyler Technologies in breach of contract and fraud litigation against ACS over an $80 million acquisition; further representation of Tyler Technologies in a variety of business fraud litigation
    • Counsel to Hewlett-Packard/EDS in a variety of outsourcing litigation matters
    • Representation of DII Industries Asbestos PI Trust, a $2.6 billion trust funded by Halliburton, one of the largest asbestos trusts ever created
    • Representation of a robotics company in a variety of matters, including international litigation and transactions
    • Representation of numerous business owners in business divorce negotiations and litigation.
    • Representation of an Internet service provider adverse in trademark and contract litigation
    • Representation of Litigation Trustee in ATM Online in sale of assets and pursuit of claims against third parties
    • Representation of JP Morgan Chase, N.A. in a variety of litigation matters, including business fraud litigation arising from the syndication of a $500 million dollar loan
    • Representation of former Olympic athlete in connection with litigation against the former owner of a sports nutrition center, who had made allegations against the former athlete related to steroid and drug use
    • Representation of a former presidential candidate during the candidate’s 1992 and 1996 presidential bids in connection with various defamation matters filed against him during those campaigns
    • Counsel to VarTec Telecom in a variety of litigation and bankruptcy matters, including litigation against Bell Canada parent BCE in connection with VarTec’s acquisition of Excel from BCE, arbitration and bankruptcy litigation with Teleglobe Telecom Corporation, and numerous arbitration and litigation matters related to Vartec’s multi-level marketing subsidiary Excel
    • Representation of Jewel Recovery, L.P., the litigation trust for the bankruptcy estate of Zale and Gordon Jewelry Co., culminating in the successful prosecution of one of the largest fraudulent transfer actions in U.S. history
    • Representation of a variety of bondholders, including Cerberus Capital Management, LP and Fidelity Investments, in litigation related to Livent, Inc., a Toronto based theatrical production company
    • Representation of creditors of the Successor Trustee in Southeast Banking in Miami in the pursuit of causes of action arising out of the failure of that Financial Institution in the early 90’s
    • Counsel to Official Physicians’ Committee of medical practices affiliated with Physicians Resource Group, Inc. (prior to PRG’s Chapter 11 filing)
    • Representation of numerous former owners of roofing companies nationwide in connection with approval of an asset sale in bankruptcy court, resulting in substantial recoveries in litigation against former officers, directors and professionals
    • Counsel to a variety of physicians in connection with management service agreements with medical service providers, including litigation regarding same
    • Representation of MCorp Management in bankruptcy litigation against the FDIC regarding the FDIC and OCC takeover of the MBanks
    • Representation of a large land developer and a private individual in bankruptcy litigation arising out of the Nelson Bunker Hunt bankruptcy
    • Representation of Fleet Credit Corporation as a secured lender in various bankruptcy litigation and reorganization matters
    • Representation of NorthPark National Bank (now Comerica) in lender liability litigation and bankruptcy litigation
    • Counsel to an independent presidential candidate in election law matters, including constitutional and commercial litigation
    • Representation of an independent political party and a political campaign in trademark infringement litigation
    • Representation of Gold Metal Recyclers, Inc. in commercial litigation regarding U.C.C. security issues