The Jacksonville bankruptcy bar has lost an honorable advocate for creditor rights. Sadly, Raymond Magley, Esquire of Smith, Hulsey & Busey passed away on Friday, December 10th after fighting brain cancer since being diagnosed this past January. He was 50 years old.
When things heat up in Jacksonville bankruptcy court, trustees here often turned to Ray Magley to represent them. More than any other creditor lawyer over the last two decades, I have argued (and sometimes heatedly) with Ray about bankruptcy law and the rights of creditors and debtors.
Dealing with Ray was a double-edged sword. He was extremely clever but kind. Rayâ€™s knowledge of creditor rights was tremendous, and I knew that if he got involved in one of my bankruptcy cases, my client was going to have to pay some money. Though squarely a creditor's lawyer, he was popular with the debtor bar as well, even serving as President of the Jacksonville Bankruptcy Bar Association.