Press Release

Claude Anello Joins Hughes Watters Askanase

HOUSTON, Texas (April 22, 2014)Hughes Watters Askanase L.L.P. (HWA) announced that Claude Anello has joined the firm as Senior Counsel. Anello will support the firm’s Business Planning and Strategy, Commercial Finance, and Real Estate and Real Estate Finance Practice Areas.

Claude brings with him more than 14 years of commercial finance experience. His expertise was developed by representing lenders and borrowers in numerous transactions, including complex credit facility structuring and negotiations, due diligence analysis, complex and unusual collateral securitization, workouts, distressed asset management and foreclosures.

Anello has represented clients in connection with the documentation and implementation of corporate and commercial transactions in most industries, and his clients range from start-up ventures to public corporations, including many in the energy industry and related industries. He represents companies in connection with complex business transactions, mergers, acquisitions, venture capital, joint ventures, risk management and corporate control matters. He advises clients on a wide range of state and federal regulatory issues relating to commercial activities and has successfully managed numerous commercial litigation matters.

"Claude’s expertise and experience in handling significant commercial finance engagements expands the scope of services our firm can offer to our existing financial institution clients," said Gary S. Gunn, co-managing partner of HWA. "In addition, his broad commercial, real estate and corporate experience, coupled with his involvement as a leader in municipal redevelopment projects, will provide significant additional value to many of our clients. We are delighted to welcome Claude to HWA."

Anello received his Juris Doctorate from the University of Houston Law Center and a Bachelor of Arts degree in Psychology and a Bachelor of Science degree in Zoology from the University of Texas at Austin. He has been named a “Rising Star” by Texas Monthly Magazine/Super Lawyers for five consecutive years. No more than 2.5 percent of Texas lawyers receive this honor each year.

In addition to representing clients, Anello has served on the Board of Directors for the Houston Tax Increment Reinvestment Zone (TIRZ) No. 4 and currently serves as Chairman of the Board of Directors of TIRZ No. 13 and its Redevelopment Authority and has considerable expertise in municipal economic development financing and related issues.

For more information on Claude Anello or to contact him directly, please see his biographical profile at or call him at (713) 328-2865.

About HWA

For more than 36 years, Hughes Watters Askanase, L.L.P. has helped business organizations, financial institutions and individuals succeed with their business endeavors. The firm’s attorneys play a strategic role and support clients through every stage of existence and operation. The firm’s practice focuses on representation of commercial and consumer lenders, including banks and credit unions; business bankruptcy; business planning and strategy; default servicing; real estate and real estate finance; commercial and consumer financial services litigation; employment law; and estate planning and probate.

For more information on Hughes Watters Askanase, L.L.P., please visit


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