An ABI Committee Newsletter
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| Vol 21, Num 1 | March, 2026
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by April A. Wimberg, Dentons, Louisville, Ky.
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Joanna Diane Caytas, Porter Hedges LLP, Houston
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Our committee’s leadership has been hard at work, organizing educational programming and social events to keep our members engaged. Below are some highlights of recent events.
Fourth Quarter Webinar
On Oct. 1, 2025, the Commercial and Regulatory Law Committee hosted a webinar titled, “Best Practices in Subchapter V Cases.” Our panel addressed emerging subchapter V issues and best practices from the perspectives of the debtor and secured and unsecured creditors. The panelists had an excellent discussion concerning practical solutions for debtor eligibility for subchapter V, dischargeability of debts through subchapter V, the effects of § 1111(b) elections by secured creditors on subchapter V cases, and subchapter V plan cramdowns.
The speakers for this panel were Hon. Paul W. Bonapfel of the U.S. Bankruptcy Court (N.D. Ga.),
Kathleen L. DiSanto of Bush Ross, PA, Christopher T. Koehnke of Von Briesen & Roper, S.C. and Brian M. Rothschild of Parsons Behle & Latimer.
Educational Session at ABI’s Winter Leadership Conference
The Commercial and Regulatory Law Committee hosted a well-attended panel on Dec. 5, 2025, at ABI’s Winter Leadership Conference, “The Global Evolution of Crypto Regulation: What’s Next, and How Cross-Border Bankruptcies Might Be Affected.” The panel discussed the fast-changing landscape of crypto regulation across different jurisdictions, and the effects it is having on crypto-focused bankruptcies both here and abroad. Committee Co-Chair Joanna Diane Caytas of Porter Hedges LLP moderated the panel, and speakers included Nicholas Fox of Mourant Ozannes, Lauren Tang of Virtus Law LLP and Stacy A. Lutkus of McDermott Will & Emery
LLP.
Upcoming Educational Session at ABI’s Annual Spring Meeting
The committee is in the process of organizing a panel in conjunction with the Commercial Fraud Committee on recent fraud trends. Stay tuned for more updates!
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April A. Wimberg
Dentons
Louisville, Ky.
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by Ashley A. Brown, Dentons Bingham Greenebaum LLP, Louisville, Ky.
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Artificial intelligence (AI) is now a widely available tool being used in legal practice, including in bankruptcy matters. In response to the rise of AI, courts have addressed both its use and misuse through sanctions, standing orders and evidentiary rulings. For attorneys, these responses show that AI use is largely regulated through enforcement of existing procedural rules and the rules of professional conduct.
The Rise of AI in Legal Practice
AI has moved quickly from being an abstract concept to an everyday tool in legal practice. Broadly defined as “machine intelligence,” AI tools became widely available to the public in late 2022, and have begun to reshape the practice of law. Research platforms now incorporate generative AI, and attorneys are increasingly using AI tools for drafting, document review and summarization. For example,
LexisNexis and Westlaw now offer AI tools that are designed to assist with research and drafting, significantly increasing speed, efficiency and productivity.
In bankruptcy practice, where tight timelines and immediate economic consequences are the norm, the appeal of using AI is obvious. Chapter 11 cases in particular require attorneys to review large volumes of records quickly, often under pressure from debtors, lenders, creditors and other stakeholders.
At the same time, courts are confronting the risks associated with unverified AI-generated work product. Many U.S. courts have sanctioned attorneys for filing pleadings containing fabricated, hallucinated or otherwise inaccurate information generated through AI use. These decisions reinforce a principle well established in bankruptcy practice, and legal practice generally, that the attorney who signs a pleading is
responsible for its contents.
Read Full Article Online →
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Ashley A. Brown
Dentons
Louisville, Ky.
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