Photo of David L. Bury Jr.

Mr. Bury is a Partner with Stone & Baxter, LLP in Macon, Georgia. His experience includes litigating business disputes in state and federal courts; representing debtors, creditors, and other interested parties in out-of-court workouts and bankruptcy cases; and advising businesses and their owners on general and transactional matters.

Here’s this week’s Bankruptcy Quiz. In this quiz, I’ll test which of you read the “ABI Headlines Delivered” emails from John Hartgen. Click the image to take the quiz and have a great 4th of July Week!

Click here for prior quizzes.

If you enjoyed this post and would like to be the first to

Here’s this week’s Bankruptcy Quiz. I purposefully made this one short, as entertaining as bankruptcy can get, and, I hope, “easy.” Click the image to take the quiz and enjoy!

Click here for prior quizzes.

If you enjoyed this post and would like to be the first to hear about new Bankruptcy Quizzes, then you

Last week, the Supreme Court held in an 8-1 decision that the Bankruptcy Code “unequivocally abrogates the sovereign immunity” of federally recognized Indian tribes, including immunity to the automatic stay under § 362.

I was intrigued when I first heard about the pending Lac du Flambeau Band of Lake Superior Chippewa Indians v. Coughlin case at the ABI Spring Meeting back in April and probably overhyped it with my colleagues when I returned. As it turns out, the decision, like so many bankruptcy decisions from the Supreme Court, is a rather routine statutory analysis case, no matter how much Justice Gorsuch tries to make it more than that in his dissent.

Here’s a concise, if perfunctory, summary.Continue Reading Supreme Court Holds That Indian Tribes are Subject to the Automatic Stay in Bankruptcy

While Plan Proponent is primarily about Chapter 11 confirmation issues, Subchapter V is becoming a bigger part of Stone & Baxter’s debtor practice, especially with the temporary $7.5 million debt limit. Thus, I’m going to experiment with providing short summaries of each month’s notable Subchapter V opinions. These are not going to be all-encompassing summaries. Rather, we’ll provide a roadmap of the issues and then you can click the cases if you want to dig deeper. We’ll start with May 2023.

Continue Reading Notable Subchapter V Bankruptcy Opinions: May 2023 Edition

Two Christmases ago, we posted about Judge Colleen McMahon‘s (SDNY) 142-page opinion reversing the plan confirmation order in the Purdue Pharma Chapter 11 bankruptcy appeal on the basis that its non-consensual third-party releases were improper under the Bankruptcy Code. Today however, the Second Circuit entered a 97-page opinion (including a concurrence) reversing the District Court’s opinion and affirming the Bankruptcy Court’s approval of the Purdue Pharma plan (and its releases of the Sacklers).

I’ll summarize the high points in this post, with an option of coming back to it.Continue Reading Second Circuit Upholds Third-Party Releases for the Sacklers in Purdue Pharma Bankruptcy Appeal

I don’t know about you, but I enjoy taking harmless online quizzes. “Test your knowledge of this week’s headlines” or “See how many of these movies you can recognize.” Well, I bet some of you Type A lawyers, judges, professors, and potential clients (who Googled everything about Chapter 11) fancy yourselves bankruptcy experts and want