Market Overview

Bankruptcy Management Solutions (BMS) Appoints Christopher Updike as General Counsel

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Bankruptcy Management Solutions, Inc. (BMS), a software and services
provider to the consumer-bankruptcy and corporate-restructuring
industries, announced that it has appointed Christopher Updike as
general counsel. A former corporate-restructuring attorney with
Cadwalader, Wickersham & Taft and then Debevoise & Plimpton, Christopher
will oversee BMS's legal department and also serve as an advisor on
corporate and strategic initiatives.

"As BMS positions itself for new growth opportunities, Christopher's
vast legal experience will be a tremendous asset to our executive team,"
comments Eric Kurtzman, CEO at BMS. "He brings strong business acumen
with an in-depth understanding of the bankruptcy industry that will be
instrumental to the company's success."

During his law-firm career, Christopher advised debtors, creditors,
lenders, acquirers and other interested parties in all aspects of
complex corporate restructurings, including traditional, pre-negotiated,
and pre-packaged chapter 11 cases, as well as out-of-court workouts and
cross-border insolvency proceedings. He was recognized as one of twelve
"Outstanding Young Restructuring Lawyers" by Turnarounds & Workouts for
2016 and as a "Next Generation Lawyer" for corporate restructuring in
the Legal 500 United States guide for 2017 and 2018.

"I'm looking forward to starting a new chapter in my career as general
counsel at BMS," Christopher comments. "The company has huge potential
to leverage its position as a market leader in the bankruptcy sector and
I'm looking forward to contributing my expertise to the company's
management team."

Christopher is active in numerous industry organizations and a former
member of the Committee on Bankruptcy and Corporate Reorganization of
the New York City Bar Association. He also serves as a member of the
Yale New Haven Children's Hospital Council and was co-chair of the
Junior Advisory Board for Her Justice, a non-profit organization in New
York City that provides free legal services to low-income women and
their children.

Christopher graduated from Villanova University and earned his J.D.
degree from Boston College Law School.

About BMS

BMS is an industry-leading provider of specialized solutions for
fiduciaries including bankruptcy trustees, corporate restructuring and
real estate professionals, and litigation attorneys. BMS has a long
history of strategically partnering with global and domestic financial
institutions to offer depository services for restructuring and
bankruptcy engagements, escrow management, qualified settlement fund
administration and other support services. For nearly 30 years, clients
have relied on BMS for tailored client service combined with an advanced
suite of case administration software resulting in greater productivity,
along with increased time and cost efficiencies.

For more information about BMS, visit www.BMSAdvantage.com.

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