FOR DISTRESSED & CLOSING BUSINESSES

The last asset is the one nobody appraised.

When a business winds down, the equipment gets auctioned, the receivables get collected, and the records get shredded. The records are the mistake. Decades of operational data — how the work was scoped, performed, and billed — now has a market, and it may be the cleanest asset in the estate.

Data has sold out of bankruptcy before.

In one widely reported case, a national retailer's customer data fetched $26 million in its bankruptcy sale — and drew objections from dozens of state attorneys general because it was consumer data. Operational data is different. The business's own work product — project files, procedures, technical documentation — belongs to the estate, carries no customer privacy baggage when personal information is excluded, and can be licensed with the court's blessing. That is the only kind we broker.

Who we work with

Owners before a filing

If closure is on the table, an assessment before you file means the asset is documented, valued, and ready — instead of discovered too late.

Debtors-in-possession

An unencumbered asset that can generate estate value without disrupting operations or requiring a single new hire.

Trustees

We inventory, clear, and market the data asset, and every sale runs through the process the court requires. Documentation is built for the record.

Restructuring counsel

A referral your client will thank you for. We work alongside you, not around you — and the rights file we build stands up to objection.

How it works in distress

  1. 01

    Expedited inventory

    Confidential, fast, and free. We tell you whether the data has a market before anyone spends a dollar of estate money.

  2. 02

    Clearance built for scrutiny

    Chain of title, license restrictions, and excluded material documented in writing — because in a bankruptcy sale, the rights file is the asset.

  3. 03

    Sale through the proper channel

    Whether a transaction runs in the ordinary course or requires court approval is a question for your counsel and the court. We prepare the asset so that either path is clean, and we present it to multiple qualified buyers.

Closing a business is not a failure of the work. The work is the asset.

Start a confidential assessment

Dataseam provides brokerage services and does not act as legal counsel to any party. Nothing on this page constitutes legal advice. Any transaction involving a bankruptcy estate remains subject to the requirements and, where applicable, the approval of the presiding court. Data holders should consult their own counsel regarding their specific circumstances.