bio - Owens & Gach Ray

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Stephan M. Ray (of counsel)
Education: Steve received his B.A. from UCLA in 1976, where he graduated Summa
Cum Laude and was elected to the Phi Beta Kappa and Omicron Delta Epsilon. Steve
received his J.D. from Stanford Law School in 1979, where he was a Member and
Associate Editor of the Stanford Law Review. Steve did two extenships while in
school. One was a judicial externship in 1978 for the Honorable Stanley Mosk,
Associate Justice of the California Supreme Court, and the other was a
political/community externship for U.S. Senator John V. Tunney in 1975-76.
Occupational History: Prior to becoming of counsel to Owens & Gach Ray, Steve
practiced for 35 years at the law firm of Stutman, Treister & Glatt P.C., which was
recognized throughout the country as a leader in the practice of bankruptcy,
reorganization and insolvency law. While at Stutman, Steve represented debtors,
creditors, trustees, receivers, committees, hedge funds, investors and individuals in
all kinds of bankruptcy-related matters. Steve has primarily concentrated his
practice in matters that involve litigation over the past 15 years.
Teaching: Steve has taught law school courses as an adjunct professor during most
of his legal career. He currently teaches Corporate Reorganization as a Lecturer at
Stanford Law School, where he has taught every year since 2007 (and in 2002). He
also currently teaches Corporate Reorganization as a Lecturer at the University of
Southern California Gould School of Law, where he has taught every year since
1989. Finally, Steve taught Bankruptcy as a Lecturer at Loyola Law School in 1984.
Bar Activities and Honors: Steve is a fellow of the American College of Bankruptcy.
He was the Chair of the State Bar of California Business Law Section Education
Committee in 1994-95, and was a Member of the Business Law Section Executive
Committee in 1995-98. He has been a frequent panelist at professional programs on
bankruptcy and litigation topics, including those sponsored by the National
Conference of Bankruptcy Judges, California Continuing Education of the Bar,
National Association of Bankruptcy Trustees, and the American Bar Association, to
name just a few. Steve is listed in several honorary publications, including Best
Lawyers in America, Best Bankruptcy Lawyers in America, and Southern California
Super Lawyers.
Community/Charitable Involvement: Much of Steve’s recent volunteer work
involves Stanford. He is currently the Chair of the law school’s Board of Visitors, and
has been a member of the Board since 1999. He has co-chaired three of his law
school reunions, and has served on the committee for three others. He was the cochair of Stanford’s Los Angeles Law Chapter from 2005-10. He was elected to
membership in the Stanford University Associates around 1998, and received its
Governor’s Award in 2014.
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