Resolving the black hole information paradox

The recent progress in string theory strongly suggests that formation and evaporation of black holes is a unitary process. This fact makes it imperative that we find a flaw in the semiclassical reasoning that implies a loss of information. We propose a new criterion that limits the domain of classical gravity: the hypersurfaces of a foliation cannot be stretched too much. This conjectured criterion may have important consequences for the early Universe.