Can AI Help Explain Bankruptcy Law?
by Deepak Subburam, post on Fri 06 October 2023A newbie parses Alix v. McKinsey with the help of an LLM1
I am a machine-learning engineer who maintains a database of bankruptcy case law, at the behest of practicing attorneys. This database powers ChatLaw, an AI service that helps bankruptcy attorneys get up to speed on less familiar legal matters. Currently in beta, ChatLaw fetches answers to bankruptcy-related questions from relevant case law. Sometimes I get curious about the new cases we add to the database. Enter Jay Alix v. McKinsey & Co. I took a peek at the new 60-page opinion, filed on 8/18 at the SDNY …
AI Chatbots Useless for Bankruptcy Lawyering?
by Deepak Subburam, post on Fri 01 September 2023We beg to differ that AI Chatbots Are Useless for Bankruptcy Lawyering. Attaching ChatLaw's response to one of the author's (Josiah M. Daniel, III) questions. Clearly, useful, no? Try your own at https://chatlaw.us!
I typed: In bankruptcy, what is the test for "single asset real estate"?
ChatLaw: The test for "single asset real estate" in bankruptcy is defined under section 101(51B) of the Bankruptcy Code. According to this section, single asset real estate refers to real property constituting a single property or project, other than residential real property with fewer than 4 residential units, which generates substantially …
Answering the Supreme Court's question Re: Purdue Pharma
by Deepak Subburam, post on Thu 10 August 2023You may have seen in the news today that the Supreme Court blocked the Purdue Pharma settlement: CNN.
I looked up the court order, which contains what the Court would like to hear:
The parties are directed to brief and argue the following question: Whether the Bankruptcy Code authorizes a court to approve, as part of a plan of reorganization under Chapter 11 of the Bankruptcy Code, a release that extinguishes claims held by nondebtors against nondebtor third parties,without the claimants' consent.
So I asked the question at my company's bankruptcy-trained AI, ChatLaw, and got the following answer. (Which …
Announcing Copula AI: Best-in-class Q&A on Expert Domains
by Deepak Subburam, post on Tue 01 August 2023I am announcing Copula AI LLC, the formation of my LLM venture! The vision of the new company is to deliver best-in-class Q&A on expert domains. Visit the company homepage at https://www.copula.ai .
In the past couple of months, I worked with an ENT surgeon Cai Long to launch https://www.chatent.net—a generative AI-enabled state-of-the-art Q&A service for otolaryngology—and, a prominent bankruptcy attorney in New York to launch https://www.chatlaw.us, to fetch answers from relevant case law for practicing bankruptcy lawyers' legal questions.
The approach so far has been to marry …