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Expert Analysis

A Paradigm Shift Toward Technology In Ch. 11

Law360, New York ( August 12, 2013, 12:04 PM EDT) -- The restructuring industry traditionally has been one step behind the rest of the world in its adoption of new technology. However, recent advances and the emergence of high-powered personal technology tools have signaled a growing shift toward technology-enabled processes within Chapter 11. Many industry professionals agree that a paradigm shift toward greater technology applications is underway to streamline the myriad of complex processes and protocols that debtors and their professionals must navigate to successfully restructure and emerge from bankruptcy....

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