A Leap Forward for the Recognized Use of AI and Predictive Coding in Insolvency Trials and Investigations

Technology-Assisted Review is being used increasingly and, combined with recently-proposed changes to the English disclosure regime, could result in more legal cases becoming economically viable to fight and lead to greater recoveries for creditors.

Extract from an article by Robin Ganguly

When the High Court of England and Wales handed down judgment in the case of Brown v BCA Trading Ltdit marked what is believed to be the first test of technology-assisted review (TAR) for disclosure at a full trial in England.  The technology is being used increasingly and, combined with recently-proposed changes to the English disclosure regime, could result in more legal cases becoming economically viable to fight and lead to greater recoveries for creditors.

TAR also has applications beyond litigation, which can be particularly useful for insolvency practitioners (IPs, as they are often called) appointed to a company who need to find out key information and secure assets quickly with limited funds.

Additional Reading: