Al Lurey has been a partner in the firm since 1975. Mr. Lurey concentrates his practice on bankruptcy and insolvency matters.
Mr. Lurey is listed as #1 in the 2011 edition of Chambers USA: America's Leading Lawyers for Business for Bankruptcy/Restructuring and has been listed in that publication each year since 2005. Mr. Lurey was recognized in The Best Lawyers in America® for Bankruptcy Law for 2012 and each of the 26 years immediately preceding. He was recognized as one of Georgia's "Legal Elite" for Bankruptcy & Creditors' Rights in Georgia Trend Magazine for 2011 and each of the two years immediately preceding. Mr. Lurey was recognized as a Georgia "Super Lawyer" in Business Law in 2009 and in Bankruptcy & Creditor/Debtor Rights Law in 2012 and each of the three years immediately preceding by SuperLawyers magazine. He has also been listed The International Who's Who of Business Lawyers for 2009 and 2011. Mr. Lurey received the 2007 Atlanta Bar Association Bankruptcy Section David Pollard Achievement Award. He has been named by Legal Media Group to its 2010 Guide to the World's Leading Insolvency and Restructuring Lawyers. Mr. Lurey is AV® rated by Martindale-Hubbell.
Professional & Community Activities
American Bankruptcy Institute, Member
American Bar Association, Member
American College of Bankruptcy, Fellow
California Bar Association, Member
Emory Law School, Adjunct Professor
The Southeastern Bankruptcy Law Institute, Inc., Former President and Chairman of the Board of Directors
State Bar of Georgia, Corporate and Banking Law Section, UCC Committee, Former Chairman
Clerkships
U.S. Court of Appeals for the Fourth Circuit - Honorable Clement F. Haynsworth, Jr.
Industries
Banking & Credit Unions
Experience
Judicial estoppel issue involving one of the world's largest privately held software companies, Advised one of the world's largest privately held software companies, which had been sued by a reorganized debtor, about assertion of judicial estoppel defenses.
Representation of official committee of unsecured creditors, Represented creditors' committee of a debtor engaged in the development and distribution of English language learning systems in connection with negotiation of a plan paying unsecured creditors one hundred cents on the dollar. Outcome was 100 percent distribution to unsecured creditors.
Grandparent adoption, Represents caregivers seeking to adopt children. One of the firm's signature pro bono programs is the Grandparent Adoption Program. Dozens of lawyers have been trained to represent grandparents and other relative caregivers who step up to raise young children in their extended family when the children's parents are unable or unwilling to do so. Working in partnership with local legal aid programs, lawyers accept referrals of eligible families, and prepare and file the required documents to effect the adoption. Hundreds of children's lives have been stabilized as a result of the firm's involvement.
Global License, Development and Commercialization agreement for Biotest AG, Served as lead counsel in representing Biotest AG (Biotest), a German publicly traded biotechnology company, in signing a global License, Development and Commercialization Agreement with Abbott Laboratories for the further development and commercialization of Biotest's BT-061, a novel anti-CD4 antibody for the treatment of Rheumatoid Arthritis (RA) and psoriasis. In connection with the deal, Biotest will receive an upfront payment of $85 million, and upon completion of certain milestones, additional payments totaling $395 million, plus royalties.
Co-counsel to Tort Claimants' Committee in one of the largest mass tort Chapter 11 cases, The firm served as co-counsel to the Tort Claimants' Committee in one of largest mass tort Chapter 11 cases ever filed. A reorganization plan creating a $2 billion trust for the payment of claims of personal injury claimants was negotiated successfully. General unsecured creditors were paid in full, and the company emerged successfully from bankruptcy.
In re Vesta Insurance Group, Represented the creditors' committee and now plan trustee for Vesta Insurance Group Inc. in connection with its liquidation. The firm assisted with reaching a complex multimillion dollar claim settlement with the Texas Insurance Commissioner. The plan trustee obtained a multimillion dollar settlement of a lawsuit handled by the firm against former officers for breach of fiduciary duties.
In re Vesta Insurance Group, Inc., Case No. 06-02517 (Bankr. N.D. Ala. filed July 18, 2006).
In re OneStar Long Distance, Represented the creditors' committee and now Chapter 7 trustee for OneStar Long Distance Inc. in connection with liquidation of assets of a large Midwestern long distance reseller with more than $50 million in unsecured debt. Case pending.
In re OneStar Long Distance, Inc., Case No. 03-72697 (Bankr. S. D. Ind. filed Dec. 31, 2003).
Transactional counsel for TaylorMade-adidas Golf Company, Represented TaylorMade-adidas Golf Company in licensee's work-out, Article 9 purchase of licensee's inventory, and licensee's assignment for benefit of creditors.
Representation of official committee of asset-backed security holders, Represented official committee of asset-backed security holders in large Chapter 11 case in the Northern District of Oklahoma involving a company that packaged high-risk credit card receivables for securitization. Successfully negotiated a plan with debtor and committee of unsecured creditors, providing for appointment of liquidating trustee to pursue claims and make distributions for the benefit of ABS holders. The firm also represented the liquidating trustee after his appointment.
Bankruptcy related assistance for principal loan servicer and asset manager, Represented a principal loan servicer and asset manager for a major investment bank in connection with the bank's Chapter 11 case in the United States Bankruptcy Court for the Southern District of New York.
Acquisition of company out of bankruptcy, Represented a global leader in information solutions in the acquisition of an information services company out of its Chapter 11 case in the U.S. Bankruptcy Court for Eastern District of Virginia.
In re BankUnited Financial Corporation, Representing in the Southern District of Florida the official creditors' committee for the largest (in terms of debt) bank holding company bankruptcy filing in 2009 with more than $500 million in unsecured debt.
Bankruptcy of Munford Inc., one of the country's largest chains of convenience stores, Represented Munford Inc., one of the country's largest chains of convenience stores, in a liquidating Chapter 11 case in the U.S. Bankruptcy Court for the Northern District of Georgia. The liquidating plan was confirmed, and claims were pursued successfully for the benefit of creditors.
License agreement regarding software, Represented client in connection with negotiations regarding a critical software license agreement between the client and an international, big box retailer in retailer's Chapter 11 case in the U.S. Bankruptcy Court for the Northern District of Illinois.
Federal Mogul Chapter 11, Represented a private equity firm in connection with the Federal Mogul Chapter 11 case in the United States Bankruptcy Court for the District of Delaware. Advised client about efficacy of channeling order protecting non-debtor company that client was in the process of acquiring.
Acquisition of assets of a bankrupt real estate company, Represented an investor in the acquisition of the assets of a financially distressed real estate company in a bankruptcy proceeding in the U.S. Bankruptcy Court for the Middle District of Tennessee.
Bankruptcy of airline company, Represented a debtor in possession in an airline Chapter 11 case in the United States Bankruptcy Court for the Eastern District of North Carolina.
Debtor representation of Roadhouse Grill Inc. in Chapter 11 case, Represented Roadhouse Grill Inc. restaurant chain in its Chapter 11 case in the U.S. Bankruptcy Court for the Southern District of Florida. The reorganization plan was confirmed.
Large preference claim against an IT products and services company, Defense of an IT products and services company against large preference claim in a bankruptcy case in the U.S. Bankruptcy Court for the Eastern District of Michigan.
Defense of contempt proceeding initiated by Chapter 11 debtor against a worldwide producer and distributor of branded sporting goods, Successfully defended claim against a worldwide producer and distributor of branded sporting goods that owned famous trademarks asserting that client had violated automatic stay in connection with prosecution of trademark infringement claims against a retail athletic footwear chain, debtor in possession in Chapter 11 case in U.S. Bankruptcy for the Southern District of New York.
*Experience gained by attorney prior to joining Kilpatrick Townsend
Publications
11 July 2006, Intellectual Property Innovations Class: The Intersection of Bankruptcy and Intellectual Property Law, Podcasts
18 January 2006, Impact of Licensee's Bankruptcy on Trademark License, Legal Alerts
News
21 February 2012, Kilpatrick Townsend Once Again Achieves Top Recognition in 2012 Georgia Super Lawyers, News Releases
15 December 2011, Kilpatrick Townsend Attorneys Named 2011 "Legal Elite", News Releases
06 September 2011, Kilpatrick Townsend Earns Record-Breaking Recognition in Annual Best Lawyers in America 2012, News Releases
22 June 2011, Twenty-Seven Kilpatrick Townsend Attorneys Named to 2011 International Who's Who of Business Lawyers, News Releases
21 June 2011, Kilpatrick Townsend Plays Role in Abbott and Biotest Global Agreement, News Releases
20 June 2011, Kilpatrick Townsend Attorneys Selected as World's Leading Law Practitioners by Prestigious Legal Media Group, News Releases
13 June 2011, Kilpatrick Townsend Again Earns Highest Recognition From CHAMBERS USA 2011, News Releases
02 March 2011, Kilpatrick Townsend Once Again Achieves Top Recognition in 2011 Georgia Super Lawyers, News Releases
13 December 2010, Kilpatrick Stockton Attorneys Named 2010 "Legal Elite", News Releases
24 September 2010, Twenty-Seven Kilpatrick Stockton Attorneys Named to 2010 International Who's Who of Business Lawyers, News Releases
12 August 2010, Kilpatrick Stockton Earns Record-Breaking Recognition in Annual Best Lawyers in America 2011, News Releases
29 June 2010, Kilpatrick Stockton Attorneys Selected as World's Leading Law Practitioners by Prestigious Legal Media Group, News Releases
15 June 2010, Kilpatrick Stockton Recognized by Prestigious 2010 Legal 500 US, News Releases
14 June 2010, Kilpatrick Stockton Again Earns Highest Recognition From CHAMBERS USA 2010, News Releases
04 March 2010, Kilpatrick Stockton Ranked Number One in Five 2010 Georgia Super Lawyer Categories, News Releases
08 December 2009, Kilpatrick Stockton Attorneys Named 2009 "Legal Elite", News Releases
04 August 2009, Kilpatrick Stockton Earns Record-Breaking Recognition in Annual Best Lawyers in America 2010, News Releases
15 June 2009, Kilpatrick Stockton Once Again Earns Highest Recognition From Chambers USA, News Releases
08 April 2009, Kilpatrick Stockton Attorneys Named to 2009 International Who's Who of Business Lawyers, News Releases
02 March 2009, Kilpatrick Stockton Ranked Number One in Five Georgia Super Lawyer Categories, News Releases