Bankruptcy Videos

Download and view a comprehensive summary of the session with a video link below.

The password was emailed to all members on 05.06.2025

Video Summary

Given the increasing overlap between M&A, restructuring, and insolvency — particularly in distressed scenarios — this topic is a conversation well worth continuing within our Bankruptcy & Insolvency Practice Group.

The session by Sibinčič Novak Partners demonstrated how a law firm’s own precedents, tone, and workflows can be utilised by a private AI drafting engine, producing transaction documents that read as if written by that firm’s senior lawyers — not a generic AI model. While the initial focus is on M&A work in civil law jurisdictions, the underlying approach has clear implications for insolvency-related documentation, restructuring transactions, distressed M&A, and cross-border matters more broadly.

The call: (1) Introduces Sibinčič Novak Partners who will join the call to demonstrate their solution in a short 30 minute presentation; (2) Invites questions from member participants and explores how similar technology could support insolvency and restructuring world; and (3) discusses practical use cases, risks, and opportunities for our firms

Download and view a comprehensive summary of the session with a video link below.

The password was emailed to all members on 05.06.2025

Video Summary

The second call of the day focused on similar content to the earlier call and the presentation of a new AI-powered contract drafting tool specifically designed for M&A transactions in civil law jurisdictions, developed by MI firm Sibinčič Novak & Partners. Jan and Matic demonstrated the tool's capabilities, highlighting its ability to generate customized legal documents using firm-specific templates while maintaining data privacy through either cloud-based or on-premise deployment options. The tool aims to streamline the drafting process by analyzing existing contracts to produce new documents that reflect the firm's unique drafting style and legal requirements. The development team sought seeking 5 beta testers from different jurisdictions in the MI network to gather feedback and further refine the tool, which will eventually expand to include additional document types and legal database integration.

Download and view a comprehensive summary of the session with a video link below.

The password was emailed to all members on 05.06.2025

Video Summary

The Bankruptcy and Insolvency Practice Group meeting focused on current developments, particularly in the United States, with focus on the 23andMe bankruptcy and concerns about customer data privacy. The discussion covered various business and legal challenges, including the impact of Trump administration tariffs, trends in restructuring and bankruptcy law, and cross-border governance issues across different jurisdictions. The conversation ended with an exploration of bankruptcy laws and practices across different countries, highlighting both similarities and unique challenges in international business operations.

Download and view a comprehensive summary of the session with a video link below.

The password was emailed to all members on 05.06.2025

Video Summary

The Bankruptcy and Insolvency Practice Group discussed the 23andMe bankruptcy case and potential buyers for its data assets, while also touching on the recently filed Rite Aid case. The group explored the economic impact of tariffs imposed by the Trump administration, discussing how they could lead to inflationary pressures and uncertainty in various sectors including capital equipment orders and real estate transactions. They agreed to focus on the topic of tariffs and their global economic impact in their next meeting in September, with plans to invite speakers from different jurisdictions to provide a global perspective on the issue.