Category: Press Release

Bankruptcy Management Solutions, Inc. (BMS), a software and services provider to the consumer-bankruptcy and corporate-restructuring industries, announced that it has appointed Christopher Updike as General Counsel. A former corporate-restructuring attorney with Cadwalader, Wickersham & Taft and then Debevoise & Plimpton, Chris will oversee BMS’s legal department and also serve as an advisor on corporate and strategic initiatives.

Bankruptcy Management Solutions, Inc. (“BMS” or the “Company”), a case-administration software and depository-services company, announced today that Eric Kurtzman and Jonathan Carson have joined BMS to serve as Co-CEOs and lead the company into its next phase of growth and expansion. As part of Kurtzman and Carson’s arrival, Steve Moore will transition from Chief Executive Officer to Chairman of the Board, where he will remain actively involved with the Company.

Bankruptcy Management Solutions, Inc. (“BMS” or the “Company”), a software and depository services company, announced today that the Trident VI Funds managed by private equity firm Stone Point Capital LLC (”Stone Point Capital”) have acquired the Company. Founded in 1987, BMS is a leading provider of case management software and banking services to bankruptcy trustees, restructuring professionals and other fiduciaries throughout the United States. BMS software provides a variety of tools for bankruptcy professionals in both Chapter 7 and Chapter 11 proceedings, including integrated banking solutions, case administration, document management and claims distributions.