Articles Tagged: bankruptcy
RFC Express was, until recently, a well-known IP litigation alert provider that offered easy access to case alerts at a reasonable rate. Unfortunately, the service has appeared to have shuttered its doors. Many users stopped receiving case alerts without warning.
Fortunately, former RFC Express users are not left without options. Docket Alarm can meet all of their research needs and much more.
Blazing Fast Alerts Over a Comprehensive Database
Like RFC Express, Docket Alarm offers users access to IP cases from U.S. Federal District Courts.
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Commercial banks, investment banks, brokerages, and other
financial institutions spend an inordinate amount of time on due diligence:
researching a potential debtor’s financial history and quantifying the amount
of risk of a particular investment or loan. Much of this diligence can be
automated.
There are hundreds of thousands of bankruptcies filed every
year. Banks and other financiers use Docket Alarm to research personal
and commercial bankruptcy records. Financial institutions can easily see if
a potential corporate customer is solvent or has declared bankruptcy in the
past. Using Docket Alarm’s API, searches
can be automated, leading to an enormous savings in efficiency over manual
searching.
In addition to bankruptcies, Docket Alarm automates access to court
records involving your clients' and debtors’ litigation.
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50 Cent’s moniker has ceased being figurative— the rapper
and business mogul has
filed for bankruptcy in Connecticut’s Bankruptcy Court.
Curtis James Jackson III, known by his stage name “50 Cent”
or “Fiddy”, started his career as a successful rap artist, rising to the top of
the charts and taking in millions of dollars in royalties annually.
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In addition
to lawyers and professionals, regular citizens can benefit from having access
to Docket Alarm’s legal research platform to uncover litigation history and stay
informed of the latest lawsuits and cases. Here are four ways the public can
use Docket Alarm to their benefit.
1. Conduct Due Diligence
Citizens
can use Docket Alarm to research potential employers or business partners.
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Lenders can join the growing ranks of financial professionals utilizing
Docket Alarm to enhance their businesses. Not merely for attorneys, Docket
Alarm’s search and analytics platform help lenders easily conduct due diligence
and even automate due diligence tasks. This is most beneficial when information
on a potential borrower is scarce.
Data points from Docket Alarm can be used to evaluate the level of risk
associated with lending to certain borrowers, industries, and geographical
areas.
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Professionals use Docket Alarm to conduct background checks
on potential clients, partners, investments, and more. Docket Alarm can identify
red flags, like past or pending federal litigation, involvement in bankruptcy
proceedings, and even disputes over IP assets.
While you can search for a company’s background information
on Docket Alarm’s robust search platform, the real utility is in Docket Alarm’s
ability to automate these types of checks. Using Docket Alarm’s API (Application
Programming Interface), you can set up recurring background checks on
particular entities or individuals.
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