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LiveDeposition.com Technology to Play Key Role in Nortel Bankruptcy Trial(May 20, 2014)
Los Angeles, CA (PRWEB) May 20, 2014
LiveDeposition.com, the only universal local and web-based realtime deposition streaming technology for the legal industry is helping to make courtroom history today with the involvement of their software in the $7.3 billion dollar bankruptcy proceedings of Nortel Networks, Inc.
On January 14, 2009 Nortel Networks, Inc., manufacturer of telecommunications and data networking equipment filed Chapter 11 Bankruptcy, setting the stage for what is now considered one of the largest, most complex bankruptcy trials in the history of both the Canadian and United States Judicial Systems. On Monday, May 12, 2014 the official courtroom proceedings began and LiveDeposition.coms realtime streaming software took center stage, playing a key role in the process.
LiveDeposition.coms RemoteRealtime gives legal teams the tools they need to remotely participate in legal proceedings from any location, without the hassle of downloading or installing software. In addition to allowing the court reporters realtime transcript to be sent through the cloud to offsite participants, RemoteRealtime also allows live video and audio to be streamed to anyone, from anywhere and at any time.
The Nortel Trial is unique in that it is a cross-border joint trial taking place simultaneously in both the United States and Canada, with two courts and two judges each having to abide by their nations own set of jurisdictional guidelines. The United States portion of the trial will take place in the United States Bankruptcy Court for the District of Delaware, Case Number 09-10138(KG) and the Canada portion will take place in the Ontario Superior Court of Justice, Court File Number 09-CL7950.
Due to the complexity of the trial and the multiple locations involved, having the means in place for instant communication was imperative, which is where the use of LiveDeposition.coms streaming technology comes into play. According to Steven Genter, Director of LiveDeposition.com, The officials presiding over the trial, Judge Kevin Gross and Justice Frank Newbould, are able to use LiveDeposition.com via the internet to receive realtime testimony from reporters in each jurisdiction. The judges also have the ability to chat privately and securely with one another should they require throughout the trial.
In addition to being used by the officials, on a daily basis dozens of legal professionals from the United States, Europe and Canada are remotely logging in and following along with the joint proceedings by watching the live video and listening to the audio stream, as well as receiving realtime testimony and using the secure chat capabilities found within LiveDeposition.com. Through this technology, legal teams are able to observe, and communicate with their colleagues, without the necessity of being in the courtroom, thereby saving significant travel and sundry costs.
Traditionally the streaming software is used in pre-trial deposition proceedings. Genter went on to say, In 2013 LiveDeposition.com provided steaming services to attorneys around the world for the depositions leading up to this unique trial. As an added complexity, there were typically four to six simultaneously streaming depositions taking place each day all from multiple countries, each of which were able to use LiveDeposition.coms technology. This is the first time LiveDeposition.com has been used in such a large scale courtroom setting and with the positive feedback received so far, it doesnt look like it will be the last; in fact they are hoping the Nortel Trials will act as a precedent for how technology will be used in future trials.
Kim Neeson, president of Torontos Neeson Court Reporting, said, By bringing together court reporting excellence and state-of-the-art technology through LiveDeposition, truly the parties have the very best the market has to offer in terms of quality and delivery of realtime transcripts.
For more information on LiveDeposition.com please visit http://www.livedeposition.com or call 888.337.6411.
Headquartered in Sherman Oaks, CA, LiveDeposition.com is powered by MegaMeeting.com, a long-time resident of the video and web conferencing industry. As the only universal streaming solution on the market, LiveDeposition.com provides the Legal Industry with local and cloud-based remote deposition solutions, as well as web-based video conferencing and toll-free conferencing services. Being exempt from typical download and installation requirements, LiveDeposition.com works on all internet browsers, connects to all CAT software and litigation realtime viewers as well as offers mobile apps for iOS, Android and Kindle Fire users, making its state-of-the-art solutions easily accessible via PCs, Macs, iPhones, iPads, as well as all Android enabled tablets and smartphones.
Read the full story at http://www.prweb.com/releases/2014/05/prweb11859834.htm.