Benjamin Reingold, Jesse Mighton, Nyrie Israelian, Shawn Kirkman and Stephen Burns of Bennett Jones summarize new guidance from the Office of the Superintendent of Bankruptcy urging Licensed Insolvency Trustees to exercise strict human oversight, accuracy, and transparency when using AI tools, emphasizing that generative AI cannot replace professional judgment and that LITs remain fully accountable for the integrity, privacy, and diligence of all insolvency work produced with its assistance.

Read more.