Stretto’s bankruptcy veterans offer expert thoughts on market dynamics, emerging trends, and legislation and other developments that impact fiduciaries and their businesses.
Following 2023 bank failures and updated depository agreements, bankruptcy Trustees face mounting challenges securing estate funds. Attorney Simon E. Rodriguez and Stretto President Scott Barna examine how reciprocal deposit programs – now approved for pilot deployment – can maximize FDIC coverage and eliminate collateralization burdens for bankruptcy estates. Read the entire article in the ABI […]
Igor Roitburg, Stretto Senior Managing Director, emphasizes a critical point in Bloomberg Law: “You can’t have a debt that’s that big and that relevant to the debtor, and not at least have a conversation.” With interest in student loan bankruptcy options skyrocketing and wage garnishments resuming, Roitburg warns: “That’s going to trigger a lot of […]
Stretto Chief Innovation Officer Robert Klamser contributed to The National Law Review’s survey of 85 legal AI experts. His perspective: AI won’t revolutionize legal practice overnight. Change will be gradual, shifting attorney work toward higher-value tasks rather than eliminating it. He compares it to Google’s impact on medicine – clients will ask more questions of […]
Stretto Senior Managing Direct Igor Roitburg told The New York Times the bankruptcy discharge process provides “an important safety net” for distressed borrowers. Success rates jumped to 87%, up from 61% in 2017, yet 99% of bankruptcy filers never attempt discharge. Read the entire article –
