The Bankruptcy Roadmap for Dealing with Valuable Data AssetsDick

Document Type

Article

Abstract

In the market for valuable data assets, it seems that participants have cracked the code for how to monetize data from bankrupt companies. In fact, they have created a playbook that allows them to largely avoid regulatory and judicial scrutiny while also reducing attention generally to these valuable assets. To ensure that bankruptcy law and practice continues to advance the important goals of fairness and efficiency, it is time for courts to demand full and robust disclosure of data assets. With meaningful disclosure, bankruptcy courts will be able to provide a forum for determining—as efficiently as possible—the value of these assets and the best opportunities that presently exist for monetizing them in ways that do not run afoul of evolving privacy laws, best practices, and consumer expectations.

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