Hugh M. Ray

Partner

Hugh heads the national bankruptcy practice of Andrews Kurth. He currently represents or has represented the following:

the Producer's Official Committee, Sem Group
the Trustee for the Bank of New England Corporation
the Debtor in Friede Goldman Halter, Inc.
Enterprise Products, Lyondell
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

He has testified several times before Congress, including the House Judiciary Committee and the Senate Judiciary Committee concerning proposed amendments to the Federal Bankruptcy Code. In addition, he was invited to lead a presentation before the National Bankruptcy Review Commission (appointed to draft bankruptcy law proposals and report to Congress).

He has served or is serving in the following positions:

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
Former Assistant U.S. Attorney

Hugh has been featured and quoted in several national media outlets including:

"Can You Afford to Retire?" Frontline, PBS (May, 16, 2006)
"Bankruptcy Lawyers Regain Glory, Demand," Wall Street Journal (February 25, 2009)
"Going from Supermarkets to Oil," Wall Street Journal (December 31, 2008)
"Car Bankruptcy Cited as Option by White House," New York Times (December 19, 2008)
"Court Ruling Gives Lift to Lenders," New York Times (December 23, 1991)
"For Hunts, a Reckoning Is at Hand," New York Times (November 1, 1994)

Publications

Bankruptcy Investing Beard Publishing - 4th Ed. (2007)
Last Rights, Liquidating a Company Oxford University Press (2007)
Texas Practice Guide Creditors Rights Vols. 1 and 2 (West Publishing (2002)
"Reverse Cramdown: The Senior Creditor’s 'Tip' to The Lower Classes" 79th Annual Meeting of the National Conference of Bankruptcy Judges (November 2, 2005)

Events

"Bankruptcy Trustee Suits: How to Handle and Benefit from the Coming Deluge" (October 15, 2008)

Frequent lecturer for Practicing Law Institutes, ABA National Institutes and the National Conference of Bankruptcy Judges
Lecturer at ABA satellite seminars
Lecturer on commercial law for the Central and Eastern European Law Initiative, Vilnius, Lithuania, (1996), International Bar Association, Prague, (2006)

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Industries

Practices

Bankruptcy and Restructuring

Education

LLB, 1967, Vanderbilt University Law School
BA, 1965, English, Vanderbilt University

Admissions

Texas 1967
New York 1992
US District Court, Southern District of Texas
US District Court, Western District of Louisiana
US District Court, Western District of Texas
US District Court, Northern District of Texas
US Circuit Court of Appeals, 5th Circuit
US Circuit Court of Appeals, 11th Circuit
US Circuit Court of Appeals, 9th Circuit
US Supreme Court

Affiliations

Board Certified

Business Bankruptcy Specialist, Texas Board of Legal Specialization
Business Bankruptcy Specialist, American Board of Bankruptcy Certification

Elected

American College of Bankruptcy
American Law Institute

Selected

#1 in Texas in Bankruptcy Law, Texas Lawyer - Go To Guide (October 2002)
Texas Super Lawyer in Bankruptcy and Creditor/Debtor Rights, Texas Monthly (2003-2008)
America's Leading Business Lawyers - Insolvency/Corporate Recovery, Chambers USA (all editions)
The Best Lawyers in America (all editions)

State Bar

Past Chair, Bankruptcy Committee, State Bar of Texas 1986-1989
Past Program Director, Advanced Business Bankruptcy Institute, State Bar of Texas