Software Development for Chapter 11 Corporate Restructuring Support

Client Overview

A leading financial and legal services firm specializing in Chapter 11 corporate restructuring sought to enhance its case management capabilities with a comprehensive software solution. The platform needed to support claims and noticing, debtor-in-possession (DIP) financing, liquidations, assignments for the benefit of creditors (ABC), and deposit management while ensuring compliance and operational efficiency.

Business Challenges

• Complex Case Administration & Compliance

Managing Chapter 11 restructuring cases involves extensive legal and financial processes, requiring strict regulatory adherence.

• Inefficiencies in Claims Processing & Noticing

Existing systems lacked automation, resulting in manual claims handling, increased errors, and delayed notifications.

• Limited Integration for Deposit & Fund Management

No unified platform existed to track financial transactions, DIP financing, and creditor payouts efficiently.

• Scalability & Performance Constraints

High case volumes required a scalable cloud-based solution to handle complex workflows and multi-party collaboration.

• Security & Data Integrity Risks

Ensuring data privacy, role-based access control (RBAC), and compliance with financial regulations (SEC, GDPR).

Business Impacts / Key Results Achieved

✅ Streamlined Case Administration & Workflow Management
Automated claims tracking, noticing, and compliance monitoring reduced case processing times by 40%.

✅ Enhanced Deposit & Fund Management
Real-time integration with banking partners improved fund tracking and disbursement accuracy by 30%.

✅ Seamless Integration & Automation
Implemented an end-to-end system for DIP financing, creditor payments, and case tracking within a single interface.

✅ Improved Compliance & Security
Achieved 100% adherence to SEC, FINRA, and GDPR requirements through robust audit logging and role-based security.

✅ Scalable Cloud-Native Infrastructure
Migrated to Azure/AWS, ensuring 99.9% uptime, high availability, and support for increasing case volumes.

Strategy and Solutions

1. Development of a Unified Chapter 11 Case Management Platform

• Designed an intuitive web-based application for integrated case tracking, claims processing, and workflow automation.
• Implemented modular microservices architecture to ensure scalability and extensibility.

2. Automated Claims & Noticing System

• Built a custom claims processing engine using AI-driven data extraction and automated noticing via email/SMS.
• Integrated with court e-filing systems to automate legal documentation workflows.

3. Real-Time Fund & Deposit Management

• Enabled seamless banking integrations for DIP financing, creditor disbursements, and escrow management.
• Developed automated reconciliation & financial reporting tools for enhanced transparency.

4. Compliance & Security Enhancements

• Implemented RBAC, multi-factor authentication (MFA), and data encryption to ensure regulatory compliance.
• Integrated audit trails and real-time monitoring to detect fraudulent activities and ensure case integrity.

5. Cloud-Optimized Performance & Scalability

• Deployed on Azure/AWS with auto-scaling capabilities to support large caseloads and high transaction volumes.
• Integrated Power BI & AI analytics for predictive insights into restructuring trends.

Conclusion

The new Chapter 11 restructuring platform revolutionized claims processing, deposit management, and compliance tracking. By leveraging automation, cloud scalability, and AI-driven analytics, the solution significantly enhanced case efficiency, financial accuracy, and regulatory adherence, positioning the firm as a leader in corporate restructuring technology.

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