Eric Terry

Before joining Howley Law PLLC as Of Counsel, Eric Terry accumulated a wealth of experience by:

(i) acting as a briefing attorney for two well respected federal judges;

(ii) practicing for over 16 years at one of America’s largest law firms with one of the largest and most experienced business reorganization practice groups;

and (iii) practicing for over 6 years with Eric Terry Law PLLC.


Representative Deal List

  • Represent numerous royalty interest owners with regard to enforcing their rights in the EP Energy bankruptcy pending in Houston, Texas;
  • Represent numerous royalty interest owners with the regard to enforcing their rights in the Furie bankruptcy pending in Wilmington, Delaware; 
  • Represent Chapter 7 Trustee as special counsel regarding turnover actions and pursuit of insurance claims related to well blowout in Oklahoma;
  • Represent nations largest producer of construction aggregates with regard to prosecuting a non-dischargeability action;
  • Represent debtor in possession, which owns over 8000 acres in Bastrop, Texas;  
  • TRESHA-MOB, LLC – Chapter 11 Debtor counsel regarding medical office building, which sold substantially all of its assets and paid all creditors in full; 
  • Crossroads Systems, Inc. – Debtor counsel regarding prepackaged Chapter 11 plan confirmed in 36 days preserving approximately $140 million in net operating losses;
  • P10 Industries, Inc. – Debtor counsel regarding prearranged Chapter 11 plan confirmed in 36 days preserving approximately $235 million in net operating losses;
  • UTSA Apartments, LLC, et al – Chapter 11 Debtor counsel for 19 tenancies in common. Successfully sold all of the assets to Arris for $33.5 million;
  • 5th Circuit Appeals – Represented parties in 5th Circuit appeals: Myra Lynn Martinez v. OGA Charters, LLC, et al (In re OGA Charters, LLC); Woodlark UTSA Apartments, LLC v. UTSA Apartments 8, LLC (In re UTSA Apartments 8, LLC); John Patrick Lowe v. Kathy DeBerry et al (In re DeBerry); 
  • Represented debtor-in-possession in Chapter 11 of Laredo WO, LTD, which owned a tract of land in Georgetown, Texas consisting of approximately 1100 acres;
  • Represented debtor-in-possession in Chapter 11 of Olmos Equipment Inc.;
  • Represented certain tort claimants in Chapter 11 case of SEER Environmental Materials, LLC regarding dispute over insurance proceeds;
  • Represented certain tort claimants in Chapter 7 case of OGA regarding dispute over insurance proceeds;
  • Represented reorganized Lothian Oil, Inc.;
  • Represented agent for senior secured term lenders owed $1.4 billion from global multi-product conglomerate company, Spectrum Brands, Inc. and its affiliated debtors;
  • Represented secured lender in Chapter 11 of Lajitas;
  • Represented the entity that successfully acquired Swift Instruments;
  • Represented Creditors’ Committee in Hardwood P-G;
  • Represented secured lenders in the Chapter 11 case of Amcast Industrial Corporation and in related adversary proceeding;
  • Represented Creditors’ Committee in National Benevolent Association, a not-for-profit corporation that owns and operates senior living facilities and facilities for developmentally disabled adults and juveniles.  NBA is one of the largest not-for-profit corporations ever to seek Chapter 11 relief;
  • Represented agent for working capital lenders in Chapter 11 of Texas Petrochemicals, L.P.;
  • Represented Tri-Union Development Corporation as debtor-in-possession in successful reorganization;
  • Represented the largest pre-petition secured creditor and debtor-in-possession lender in Chapter 11 of Moll Industries, Inc.;
  • Represented the entity that successfully acquired Mooney Aircraft Corporation;
  • Represented the largest health care provider in San Antonio in a successful settlement of its claims against a debtor IPA and the debtor’s HMO; and
  • Represented asset acquirer in connection with Chapter 11 case of National Gypsum Company involving asbestos liability issues.

Work History

  • Howley Law PLLC, Of Counsel, current
  • Eric Terry Law PLLC 2013 – 2020
  • Haynes and Boone, LLP, Associate & Partner 1997 – 2013

Education

  • University of Texas at Austin School of Law, 1995
  • University of Pennsylvania, 1991, magna cum laude

Judicial Clerkship

Briefing Attorney for the Honorable Ronald B. King, U.S. Bankruptcy Court, Western District of Texas, San Antonio Division, 1995-1996 and for the Honorable H.F. Garcia, U.S. District Court, Western District of Texas, San Antonio Division, 1996-1997.

Bar & Court Admissions / Memberships

  • State Bar of Texas
  • Western, Eastern, Southern, Northern, U.S. District Courts
  • United States Court of Appeals for the Fifth Circuit
  • American Bankruptcy Institute
  • Former Federal Law Clerks Society
  • San Antonio Bar Association
  • San Antonio Bankruptcy Bar Association
  • LEK Inns of Court

Honors & Distinctions

  • Best Lawyers in America (2009-2019)
  • Texas Super Lawyers (2005-2019)
  • Bankruptcy Law Clerk Orientation sponsored by the State Bar Bankruptcy Section – Drafted and presented Chapter 11 Overview for the last 14 years.
  • Robert B. Wilson Distinguished Service Award 2013

Publications

  • “A Potpourri of Stupid and/or Clever Tactics in Bankruptcy Cases: Ethical Considerations,” co-author with Robin Phelan, Jordan Bailey and Abigail Ottmers, 2012 Sun Mountain Bankruptcy Seminar, June 15-16, 2012.
  • “Finance Reform,” Co-Author with John Podvin and Kendra Mayer, Association of Corporate    Counsel, South/Central Texas Chapter Newsletter, Spring 2011.
  • “Quicker Resolutions: Prepackaged bankruptcies help companies get back on their feet fast,” quoted by author, San Antonio Business Journal, May 21, 2010.
  • “Fall Down – Go Boom! Lessons from the Mega Cases 2008-2010,” Co-Author with Robin Phelan, Abigail Ottmers and Stephen Manz, 2010 Southeastern Bankruptcy Law Institute Seminar, March 19, 2010.
  • “Trashing the Promenade, The Company Town, The Dead Debtor and Many Other Recent Anomalies and Contradictions From Bankruptcyland,” Co-Author with Robin Phelan, Abigail Ottmers and Stephen Manz, 2010 Southeastern Bankruptcy Law Institute Seminar, March 18, 2010.
  • “Hedge Funds and Bankruptcy: A Debtor’s Garden of Eden Includes Hedge Funds These Days,” 24th Annual Advanced Business Bankruptcy course, May 11, 2006, Co-Author with Lenard Parkins.
  • “Joe Isuzu on the Witness Stand and How to Examine Him (Her) (It),” American Bankruptcy Institute 22nd Annual Spring Meeting, Washington, D.C., April 15-18, 2004, Co-Author with Robin Phelan.
  • “Bankruptcy and Insolvency Issues for Partnerships, LLCs, and Their Owners – The Good, the Bad and the Ugly,” Texas Journal of Business Law, Vol. 39, No. 1., Spring 2003, Co-Author with Steven Waters.
  • “Reducing Preference Exposure – What your Buyer Giveth, Congress and the Bankruptcy Code May Taketh Away,” San Antonio Business Journal, January 2002, Co-Author with Steven Waters.
  • “Just a Closer Walk with Thee Honorable Hippo,” San Antonio Lawyer, September/October 2000 Edition.

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