Admissions

• To the practice of law in Texas
• U.S. Court of Appeals for the Fifth Circuit
• U.S. District Court, Western District of Texas
• U.S. District Court, Southern District of Texas

Professional Affiliations and Awards

• Board Certified in Business Bankruptcy Law by the Texas Board of Legal Specialization
• Named for more than 15 years as one of The Best Lawyers in America® 2012, as published by Woodward/White, Inc. 
• Recognized by Law & Politics and Texas Monthly magazine as a “Texas Super Lawyer” in the area of Bankruptcy & Creditor/Debtor Rights (2003-2011). Also identified as one of the Top 100 Lawyers in Texas (2008) and a "Top 50 Super Lawyer" in the Central and West Texas region (2004-2011)
• Listed by Scene in SA magazine as one of San Antonio’s Best Bankruptcy and Workout Attorneys (2004-2011) 
• American Bankruptcy Institute
• San Antonio Bankruptcy Bar Association, Past President

ADDITIONAL INFORMATION

Ray serves as the firm’s Practice Group Leader for Creditors’ Rights & Bankruptcy and is a member of the Executive Committee. He has over 25 years experience in financial restructuring for businesses and high wealth individuals, both in and out of Bankruptcy Court.

Ray’s expertise includes:

Future Claims Representatives ("FCR") currently represent the FCR for Asarco LLC subsidiary involved in the mining, processing and sale of raw asbestos and asbestos products.

• Represented the FCR for Clemtex, Inc. - a defendant in mass tort litigation arising from its sale and use of silica.

Debtors—Confirmed 29 Plans of Reorganization in Chapter 11 cases, with a combined debt of over $1 billion dollars, including the following:

• Moll Industries, Inc.—At the time of its Chapter 11 filing, Moll operated plastics injection molding plants in seven states and two foreign countries and had liabilities in excess of $150 million. Moll successfully reorganized and emerged from bankruptcy in 10 months
• Star Food Processing, Inc.—The Debtor was the largest manufacturer of processed foods for the U.S. Military
• Tom Fairey Company—The Debtor was the largest distributor of John Deere heavy equipment in North America with assets and liabilities in excess of $40 million
• Sutherland Media, Inc.—The Debtor and its affiliates published suburban newspapers throughout Texas and Ohio
• Twigland Fashions, Inc.—The Debtor sold young women’s fashions at 18 retail locations across the United States.

Unsecured Creditor’s Committees:

• McGinnis Hedge Funds—The Debtors operated a series of hedge funds heavily invested in sophisticated investments involving Russian debt instruments. The case involved unsecured creditor claims in excess of $125 million and investor's interests totaling more than $180 million
• Healthcare International—The Debtor was a publicly traded health care provider with a chain of mental health care hospitals and rehabilitation centers located in the southern and western United States
• Quantum Southwest Medical Management, Inc. and Quantum Southwest Medical Associates, Inc.— The Debtors operated a delegated health care network of more than 1,500 providers serving 34,000 Pacificare enrollees.

Trustees—Experience representing Chapter 11 and Plan Trustees, including the following:

• Mustang Oil & Gas, Inc.—Chapter 11 Trustee in the liquidation of the assets of an equipment and materials supplier to the oil and gas drilling industry
• Winn’s Stores, Inc.—Retained by the Plan Trustee to pursue avoidance actions against more than 350 defendants.

Secured Creditors:

• Counsel to the secured lender group in the Chapter 11 proceedings of Al Copeland Enterprises, Inc. (Church’s Fried Chicken and Popeye’s Fried Chicken). Successful in defeating a management plan and confirming competing plan proposed by the Lender Group.

Ray is also an author and frequent speaker at institutes and continuing legal education courses, including those sponsored by the State Bar of Texas and the University of Texas.