AI Tools for Bankruptcy Attorneys

AI tools that help bankruptcy attorneys research case law, analyze debtor financials, track filing trends, investigate fraudulent transfers, and monitor creditor claims.

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Works in Chat, Cowork and Code

CaseCourtSale price
In re Revlon Inc.SDNY$1.38B
In re Tuesday MorningN.D. Tex.$23M
In re Bed Bath & BeyondD.N.J.$21.5M
In re Christmas Tree ShopsD. Del.$9M
4 of 11 matching cases · SDNY & D. Del. most active

Chapter 11 plan and 363 sale case research

Search bankruptcy court decisions on plan confirmation standards, cramdown requirements, 363 sale procedures, and absolute priority rule disputes. Build arguments grounded in how courts in your circuit actually rule.

Find Second Circuit and Southern District of New York bankruptcy cases from 2019–2024 involving contested 363 sales where stalking horse bidders' break-up fees were challenged. What fee percentages did courts approve?

Found 11 relevant cases. Break-up fee range approved: 2–4% of purchase price. SDNY standard: fees must provide a "clear benefit" to estate. In re Revlon (SDNY 2022): 3.5% break-up fee on $1.7B stalking horse approved. Courts rejected fees when bidding procedures chilled competitive bids. Recommend keeping fee at 3% with matching rights.

ToolRouter search_cases
CaseFee %Purchase price
In re Revlon (SDNY 2022)3.5%$1.7B
In re Cineworld (SDNY 2023)2.8%$1.46B
In re Serta Simmons (SDNY 2023)2.0%$256M
In re Envision Healthcare (SDNY 2023)4.0%$550M
11 total cases · Approved range: 2–4% · Median 3%

Debtor financial analysis from SEC filings

Analyze a distressed company's financial trajectory before it files — or after, to assess estate value. Pull balance sheets, cash burn rates, and covenant violations from 10-Ks and 10-Qs.

Pull the last 4 quarters of financial data for Yellow Corp — revenue trend, EBITDA, debt load, and any going-concern disclosures before their Chapter 11 filing.

Yellow Corp financials (pre-filing): Revenue declined 18% over 4 quarters. EBITDA turned negative Q2 2023 (-$47M). Total debt: $1.6B. Pension liability: $3.7B. Going-concern language added Q1 2023 10-Q. Cash position fell from $280M to $70M in final quarter. Filed Chapter 11 August 2023.

ToolRouter search_filings
Q4 2022Q1 2023Q2 2023Q3 2023
Revenue ($B)
EBITDA ($M)

Fraudulent transfer and preference investigation

Research a debtor's pre-petition transactions to identify preferential transfers, fraudulent conveyances, and insider payments within the look-back period. Find the paper trail across corporate records and public filings.

Investigate pre-petition transactions by debtor Acme Holdings LLC. The CEO transferred the company's main distribution center to a related LLC 18 months before filing. Research the related entity and any other asset transfers.

Found: Distribution center transferred to "Acme Properties LLC" (sole member: CEO's spouse). Transfer price $2.3M — recent appraisal valued at $8.7M. Acme Properties LLC incorporated 3 months before transfer. CEO's Form 4s show $4.1M in stock sales 2 months pre-filing. Strong actual fraud indicators — consider Chapter 7 trustee referral.

ToolRouter lookup_company
EntityRelationshipIncorporated
Acme Properties LLCCEO spouse sole member3 mo before transfer
Acme Realty PartnersCEO director2019
Transfer price $2.3M · Appraised value $8.7M
ToolRouter deep_search
DateTransactionAmount
2 mo pre-filingForm 4 stock sales$4.1M
18 mo pre-filingDistribution center transfer$2.3M
Strong actual fraud indicators — Chapter 7 trustee referral recommended

Exemption and discharge research

Research state-specific bankruptcy exemptions, discharge exceptions under Section 523, and recent case law on reaffirmation agreements. Advise individual debtors on asset protection and fresh start eligibility.

My client is filing Chapter 7 in Florida. She has a $400K home (fully paid), $125K in a Roth IRA, and a $25K car. What can she protect under Florida exemptions?

Florida Chapter 7 exemptions: Homestead — unlimited value if primary residence (Art. X Sec. 4 FL Const.). IRA: fully exempt (federal & Florida). Vehicle: $1,000 equity exemption only — $24K exposed to trustee. Recommendation: Florida wildcard ($1,000 personal property) can apply to vehicle. Significant vehicle equity risk — consider pre-filing planning.

ToolRouter research
Homestead
Unlimited value · primary residence only
Roth IRA ($125K)
Fully exempt under federal & Florida law
Vehicle ($25K)
$1,000 equity exemption · ~$24K exposed
Wildcard
$1,000 personal property · applies to vehicle
Net Exposure
~$23K vehicle equity at risk to trustee

Creditor recovery and claims analysis

Research the priority scheme, secured vs. unsecured creditor treatment, and recovery rates in comparable cases. Set client expectations and build negotiating strategy for plan confirmation.

What are typical unsecured creditor recovery rates in Chapter 11 retail liquidations in 2021–2024? I represent a trade creditor owed $2.8M by a retailer with $85M in secured debt.

Retail Chapter 11 liquidations 2021–2024: Unsecured creditor recoveries averaged 3–8 cents on the dollar in cases with secured debt above 70% of assets. Sears unsecured committee recovered 0.6¢/$. Bed Bath & Beyond: ~2¢/$. If secured lenders are fully undersecured, unsecured recovery near zero without settlement. Recommend asserting any admin priority claims for goods delivered within 20 days pre-petition (503(b)(9)).

ToolRouter research
Average Recovery
3–8 cents per dollar (secured debt >70% assets)
Sears Unsecured
0.6¢ per dollar recovered
Bed Bath & Beyond
~2¢ per dollar recovered
503(b)(9) Priority
Goods delivered within 20 days pre-petition

Ready-to-use prompts

Chapter 11 cramdown research

Find cases from 2018–2024 where Chapter 11 debtors successfully crammed down secured creditors under Section 1129(b). What "indubitable equivalent" standards did courts apply to replacement lien structures?

Debtor financial analysis

Pull the last 3 annual reports for a distressed retailer. Identify the quarter when going-concern language first appeared, the cash runway at filing, and total secured vs. unsecured debt at the time of filing.

Fraudulent transfer lookback

Research the standards courts apply to actual fraud vs. constructive fraud under Section 548. In what circumstances have courts extended the reach-back period beyond 2 years using state fraudulent transfer statutes via Section 544(b)?

State exemption research

Compare homestead exemption amounts and eligibility requirements for bankruptcy exemptions in Texas, Florida, and California for a debtor who has lived in California for 2 years but previously lived in Texas.

Preference payment defense

Research the ordinary course of business defense to preference claims under Section 547(c)(2). What documentary evidence do courts require to prove both the subjective and objective prongs of the ordinary course defense?

Corporate structure investigation

Look up the corporate registration, officers, registered agent, and any related entities for a debtor LLC. Flag if any subsidiary transferred assets to affiliates in the 2 years before filing.

Cross-border insolvency research

Research the current UNCITRAL Model Law standards applied in US Chapter 15 proceedings. What is required for "main proceeding" recognition, and how have courts treated center of main interests (COMI) disputes in 2020–2024?

DIP financing terms research

Research the market terms for debtor-in-possession (DIP) financing in large retail Chapter 11 cases from 2022–2024. What interest rates, fee structures, and milestones did courts approve?

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Pre-petition fraudulent transfer investigation

Before a Chapter 11 or 7 filing, investigate potential avoidance actions to maximize estate recovery for creditors.

1
SEC Filings icon
SEC Filings
Pull financial statements to identify pre-petition cash movements and asset dispositions
2
Company Lookup icon
Company Lookup
Map all related entities and identify insider-owned affiliates
3
People Search icon
People Search
Research officer and director transactions and public records
4
Legal Research icon
Legal Research
Find controlling precedents for the avoidance theories being pursued

Individual debtor Chapter 7 eligibility analysis

Assess a consumer client's eligibility for Chapter 7, asset protection, and discharge eligibility before filing.

1
Deep Research icon
Deep Research
Research state-specific exemptions for client's asset types
2
Legal Research icon
Legal Research
Find cases applying means test and discharge exception standards
3
Financial Calculator icon
Financial Calculator
Calculate means test disposable income figures from client's financials

Frequently Asked Questions

Does the case law tool cover bankruptcy adversary proceeding decisions?

Legal Research indexes published bankruptcy court decisions including adversary proceeding opinions, confirmation disputes, and lift-stay motions. Coverage is strongest for large-case rulings published in the Bankruptcy Reporter and cases cited in circuit court opinions.

Can I search for specific debtors' court filings and PACER documents?

The SEC Filings tool covers public company disclosures. For actual bankruptcy court docket filings (motions, schedules, plans), you'll need PACER or a commercial bankruptcy docket aggregator. These tools are most useful for financial analysis and legal research in parallel with your PACER access.

How do I use the company lookup tool to find fraudulent transfers?

Company Lookup can identify related entities, shared officers/directors, and dates of incorporation. Cross-reference these against the debtor's pre-petition transaction history from SEC filings or bank records to flag suspicious transfers to newly formed affiliates or insider-owned entities.

Can these tools help analyze a reorganization plan's feasibility?

Yes. Use the Financial Calculator for DCF analysis on projected earnings, SEC Filings to review comparable reorganized companies' post-emergence performance, and Case Law to find how courts have evaluated feasibility challenges under Section 1129(a)(11) in similar industries.

Are subchapter V small business cases covered in the case law database?

Yes. The Legal Research tool includes Subchapter V small business reorganization decisions since the SBRA's effective date in 2020. This is a growing body of law and coverage includes trustee role decisions, plan confirmation standards, and discharge timing disputes.

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