Emily F. Shanks

I am a dedicated advocate who combines legal expertise with personalized attention to guide our clients through the complex restructuring process, offering tailored counsel to help our clients emerge stronger and more resilient than ever.

As a part of Gray Reed’s restructuring team of experienced and compassionate professionals, Emily Shanks brings her own unique skills and perspectives in safeguarding client interests, navigating the intricacies of the restructuring process and in developing personalized solutions to help clients achieve their goals. After graduating from Texas Tech University School of Law, Emily clerked for Justice Paul Green at the Supreme Court of Texas, gaining valuable and unique insight into the behind-the-scenes of high-stakes litigation and in shaping Texas state jurisprudence. She also served as Judge Scott Everett's first term-law clerk at the United States Bankruptcy Court for the Northern District of Texas.

In addition to her behind-the-bench experience, Emily has represented debtors, secured creditors and unsecured creditors in a wide range of corporate restructurings in various industries. She has also frequently represented secured lenders through in and out-of-court workouts, and she has worked on a variety of bankruptcy-related litigation. Emily also has experience in general commercial litigation, representing clients in both federal and state court matters.

As a dedicated advocate, Emily strives to continuously hone her legal expertise, and she actively contributes to the bankruptcy community as a whole through her involvement in numerous restructuring and bankruptcy organizations. She is also involved in the Junior League of Dallas where she enjoys engaging in the greater Dallas community through service.

Representative Experience
  • Reagor-Dykes Motors, LP, et al., Case No. 18-50214 (Bankr. N.D. Tex.): Representation of Chapter 11 debtor and post-confirmation trust.
  • Spherature Investments LLC, et al., Case No. 20-42492 (Bankr. E.D. Tex.), Adversary proceedings 21-04058, 21-04059: Special counsel to debtor in adversary proceedings.
  • In re 3443 Zen Garden, L.P., Case No. 20-10410 (Bankr. W.D. Tex.) & Adversary proceeding 20-01047: Representation of secured lender in single asset real estate case and in related adversary proceedings.
  • Diamondback Industries, Inc., et al., Case No. 20-41504 (Bankr. N. D. Tex.): Chapter 11 debtor representation.
  • Wellflex Energy Partners Fort Worth, LLC, Case No. 20-43267 (Bankr. N.D. Tex.): Chapter 11 debtor representation.
  • CARBO Ceramics Inc., Case No. 20-31975 (Bankr. S.D. Tex.): Representation of committee of unsecured creditors.
  • DROK Property LLC v. Intire Tox Screen, LLC et al., Case No. DC-20-04236 (101st District, Dallas City): First-chaired trial; won judgment in favor of plaintiff.
  • John C. Ford Chapter 11 Bankruptcy Course (Tied for runner-up for “Rookie of the Year” award) (Completed May 2022)
Organizational Involvement

Professional Involvement, Memberships & Affiliations

  • State Bar of Texas Bankruptcy Section
  • Young Lawyers Committee for the Bankruptcy Law Section of the State Bar of Texas
    • Vice Chair (2023 – present)
    • Law School Relations Liaison (2022 – 2023) 
  • International Women's Insolvency & Restructuring Confederation (IWIRC)
    • Co-chair of Events (2023 – present)
  • Dallas Fort Worth Association of Young Bankruptcy Lawyers
  • John C. Ford Bankruptcy Inn of Court Member

Community Involvement, Memberships & Affiliations

  • Junior League of Dallas
  • Boy’s & Girl’s Club Dallas Collegiate Steps Program volunteer
  • J.D., summa cum laude, Texas Tech University School of Law, Order of the Coif; Editor-in-Chief, Texas Tech Law Review, Vol. 50 (2018)
  • B.A., cum laude, The University of Texas at Austin (2014)
Judicial Clerkships
  • Judge Scott Everett, United States Bankruptcy Court, Northern District of Texas (2022 – 2023)
  • Justice Paul Green (Retired), Supreme Court of Texas (2018 – 2019)
Bar Admission
  • Texas (2018)
Court Admissions
  • United States District Court, Northern District of Texas
  • United States District Court, Southern District of Texas
  • United States District Court, Eastern District of Texas
  • United States Bankruptcy Court, Eastern District of Texas
  • United States Bankruptcy Court, Northern District of Texas
  • United States Bankruptcy Court, Southern District of Texas
When I Feel Most At Home
  • Spending time with my husband and our two dogs, Cash and Willie
  • Cooking
  • Enjoying live music