Data licensingAfter a filing
AI labs are paying six and seven figures for companies’ internal records, and a filing doesn’t change that. We help companies in CCAA, a proposal, bankruptcy or receivership, and the trustees, receivers and monitors working with them, understand what the records could be worth and how to apply. The buyer pays us. The company and the estate never do.
In CCAA or a proposal, management still runs the business, and a licence can bring in liquidity when it's needed most.
How we help
A company's records can be a recovery that wasn't in the realization plan, at no cost to the estate.
How we help
Your client will want to know whether a licence fits the file, and when.
How we help
The process is the same as for any licence, except that the court officer is involved from the start and some proceedings need an approval step. Whoever signs for the company applies to the buyer, and we help with the application.
Keep admin access to every system that holds records, keep those subscriptions active, and take full exports. We can tell you which records buyers will want.
Use the estimate on this page, and share the result with whoever decides: the company's board, or the trustee or receiver.
We explain to the company, and to its monitor, trustee or receiver, what buyers look for, what the records could be worth, and how a licence would fit the proceeding.
Whoever signs for the company applies to the buyer directly, through our introduction: management in CCAA or a proposal, or the trustee or receiver in a bankruptcy or receivership. We help prepare the application.
The buyer reviews the application and samples of the records, then makes a detailed offer.
Where approval is needed, the licence goes to the court or to the inspectors, usually with a report from the court officer. We provide what's needed from us, including our fee, disclosed in writing.
The licence is signed and the buyer pays. The money goes to the company or the estate, like any other recovery.
The biggest change after a filing is who signs, and whether anyone else has to approve.
Companies' Creditors Arrangement Act
Bankruptcy and Insolvency Act, Division I
Bankruptcy and Insolvency Act
Court-appointed or private
The records are still there, and admins can still export them.
Users are locked out. Only admins can reach and back up the data.
Jira and Confluence data on a cancelled site is gone.
Email, Teams, SharePoint and OneDrive data is gone.
Days after a business subscription lapses, as Microsoft and Atlassian publish them. Keep admin access, keep the subscriptions that hold records active, and take full exports.
How a licence typically comes together once a company has filed, with the proposal trustee and the court involved. This is a composite example, not a real file.
Management keeps the Microsoft 365 and Jira subscriptions alive and takes full exports, well before any 30-day lapse.
The estimate comes back at $600K–$1M. Management shares it with the proposal trustee.
We walk management and the proposal trustee through what buyers look for, and how a licence would sit beside the sale process.
The company applies to the buyer through our introduction, and we help prepare it.
The buyer makes an offer. With a sale process running, the proposal trustee prefers a non-exclusive licence, which leaves the records available to a buyer of the business.
The proposal trustee reports, with our fee disclosed in writing, and the court approves the licence alongside other motions in the file.
The company signs and gives the buyer access. The buyer copies and anonymizes the records for its own AI, and pays when the data is accepted.
The outcome
Liquidity during the proposal period that wasn't in the cash-flow forecast. The records remain available to a buyer of the business, and our fee, paid by the buyer rather than the estate, is disclosed in the proposal trustee's report.
Getting started
Yes. The records are property like any other, and a licence can be a recovery in CCAA, a proposal, a bankruptcy or a receivership. What changes is who signs and what approval is needed.
Management should involve the monitor or proposal trustee early. In a bankruptcy or receivership, the trustee or receiver decides, so share this page with them.
Court officers should first make sure the records stay accessible, then contact us. We'll provide an indicative value and explain the rest.
No. Whoever signs for the company applies to the buyer directly, through our introduction, and signs with the buyer directly. We explain the options, help prepare the application, and answer questions through to approval and signing.
The proceeding
In CCAA, a proposal or a court-appointed receivership, a licence outside the ordinary course of business generally needs the court's approval, usually on the court officer's report. In a bankruptcy, the inspectors approve. A private receiver acts under its security agreement.
It shouldn't. The buyer does the technical work, and approval can be sought alongside other motions or timed with a sale process.
Most labs want exclusivity: the records go to one lab only, so its competitors can't use them. That pays more, but a buyer of the business then couldn't license the same records again. A non-exclusive licence keeps that option open, usually for a lower price. The court officer will judge which fits the file.
Only to give the buyer access to the systems that hold the records, so it can take a copy. The buyer does all the technical work, at its own cost, and uses the records to train its own AI.
Money and fees
To the company, or to the estate in a bankruptcy or receivership, to be dealt with like any other recovery.
The buyer pays it, as a percentage of what the company or estate receives. Nothing comes out of the estate. We disclose the fee in writing before anything is signed, so the court officer can report it, and we never share it with court officers or counsel.
The buyer. Copying and anonymizing the records are its responsibility, and its lawyers decide what can be used. That is written into the contract.
No. Our coverage of a proceeding doesn't depend on whether the company, or its court officer, works with us.
The records
Act quickly. Microsoft 365 data stays available to admins for about 90 days after a 30-day expiry, and Atlassian keeps a cancelled site for 60 days. Exports taken in time preserve the value. Deleted records can't be licensed.
Everything that records how the work got done:
Full exports are the safest copy. We can tell you which records buyers will want.
Whether you run the company, act for the estate or advise either, we'll explain how a licence could work in your proceeding before anyone commits to anything.
Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.