Alaniz contributes his seventeen years of complex chapter 11 experience to Reed Smith. He served as debtor’s counsel in numerous cases, including the ASARCO bankruptcy that involved nearly $10 billion of asbestos, environmental, labor, toxic tort, and bond claims; the Bristow bankruptcy that involved nearly $1.6 billion in funded debt claims; and the ABC Dentistry case that resolved multi-million dollar qui tam and other claims by the State of Texas Civil Medical Fraud Division. In the past twelve months, he has represented a member of the Official Committee of Unsecured Creditors in the Philadelphia Energy, Emerge Energy Services, Shale Support, and Vista Proppants bankruptcy cases and served as committee counsel in the Southland Royalty E&P case currently pending in Delaware.
“Omar has earned a reputation as an outstanding lawyer, and brings to the firm a highly regarded bankruptcy practice at a time of significant demand and growth for our global restructuring capabilities,” said Ed Estrada, global chair of Reed Smith’s Financial Industry Group. “Given the economic uncertainty businesses are facing across various sectors, and the uptick in demand for complex bankruptcy experience, his arrival is timely and will strengthen and add depth to our global restructuring practice. Omar’s arrival does just that, while also giving an already impressive Dallas team additional gravitas in the region.”
“My first interaction with Reed Smith was in the ASARCO case where the firm represented the Official Committee of Unsecured Creditors. Since then, I have observed the firm’s growth on a global scale, its expanding footprint in Texas and the formidability of its financial restructuring practice, which have attracted close friends and colleagues,” says Alaniz. “Reed Smith is the perfect fit for my practice, client base, and values. I am excited to join the team as the firm checks all metrics that are important to me, including dedication to developing a robust bankruptcy practice, diversity of industry expertise, geographic scale, collaborative culture, and commitment to diversity and inclusion.”