Hugh M. Ray

Hugh Ray is a Principal in McKool Smith's Houston and New York offices.  During more than 40 years as a practicing attorney, Mr. Ray has played a lead role in some of the country’s most recognizable bankruptcy proceedings.

In addition to making several appearances before Congress to testify on proposed amendments to the Federal Bankruptcy Code, Mr. Ray also has served in leadership positions with many notable bankruptcy and business groups.  Prior to his work in private practice, Mr. Ray worked as an Assistant United States Attorney in Houston.  

Representative Matters

• The Official Statutory Producer's Committee of Sem Group
• The Trustee for the Bank of New England Corporation
• The Debtor in Friede Goldman Halter, Inc.
• Enterprise Products, Lyondell Petrochemical
• The Debtor in Physicians Resource Group
• The Debtor in ProMedCo
• The Debtor in ForceEnergy
• The Debtor in Crown Pacific Partners
• The Unsecured Creditors Committee of Flagstar Corporation (Denny's)
• The Unsecured Creditors Committee of Encompass Services
• The Unsecured Creditors Committee of In re First Republic Bank Corporation
• The Unsecured Creditors Committee and Petitioning Creditors of First City Bancorporation of Texas
• The Creditors Committee of Rubus Realty (Furrs Supermarkets)
• The Creditors Committee of Drypers Corporation
• The Creditors Committee of Doskocil (Wilson Foods)
• The ad hoc Bondholders Committee of American Rice, Inc.
• The Agent Bank and Bank Syndicate for William Herbert Hunt, Nelson Bunker Hunt Trust Estates, et al., ("Hunt Brothers")
• The Institutional Lenders of Storage Technology
• The Institutional Creditors of Continental Airlines, Inc. (both cases)
• The Insurance Company Lenders of In re Braniff Airlines, Inc.
• The bank lenders of CompuAdd Corporation
• The bondholders in the CalFed and GlenFed restructurings 

Professional & Community Activities

• Business Bankruptcy Specialist, Texas Board of Legal Specialization
• Business Bankruptcy Specialist, American Board of Bankruptcy Certification
• American College of Bankruptcy
• American Law Institute
• Chair of the ABA Business Law Section's Business Bankruptcy Committee, with approximately 1,400 practitioners, 1993-1996
• Council of the Business Law Section of the American Bar Association, 1997-2001
• Member of the Standing Committee of the American Bar Association on Judicial Selection, Tenure and Compensation
• Chair of the ABA's Energy Business Committee
• Chair of the ABA Joint Ad Hoc Committee on Bankruptcy Court Structure and Insolvency Processes
• Chair of the ABA Committee on Trust Indentures and Indenture Trustees

Awards & Recognition

• Ranked as a Bankruptcy "Litigation Star" by Benchmark Litigation 
• Named #1 in Texas in Bankruptcy Law, Texas Lawyer - Go To Guide, October 2002
• Named by his peers to the list of Texas Super Lawyers in Bankruptcy and Creditor/Debtor Rights, 2003-2009
• Featured in America's Leading Business Lawyers - Insolvency/Corporate Recovery, Chambers USA
• Listed in The Best Lawyers in America
• Profiled as one of the leading Bankruptcy lawyers in the Southwest, The US Legal 500, 2009

News

Press Releases

Seminars & Speaking Engagements