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Our class action experience dates back to 1985 when we were appointed by the Honorable Gordon Causey to assist with the Livingston Train Derailment Class Action. Since then, the Class Action Consulting Team has been the Court-Appointed Disbursing Agent (CADA) for over forty mass tort litigations and responsible for administration and disbursement of Settlement Funds totaling nearly $1.5 billion. We have provided services to attorneys, the Court and their Appointees in many other mass tort litigations in which we were not officially appointed by the Court. Our long history with mass tort litigations combined with personnel with database, systems, accounting and tax expertise that are devoted full time to class action consultation, enables a level of service that is unrivaled.
SUMMARY OF SERVICES
- Consultation on class action / mass tort case administration
- Claims office setup and supervision
- Database services (see below)
- Notice and mailing services Claimant disbursements (in person and via mail)
- Accounting services (see below)
DATABASE SERVICES
- Create tailored software to manage all claimant and distribution data
- Software to collect claims electronically - customized to your claim form
- Input, import or consolidation of existing claims from various sources
- Maintain claimant, attorney and lien/encumbrance information
- Electronic assignment of claimants to geographical zones
- Allocation of settlement proceeds
- Custom reporting to courts, attorneys and others
ACCOUNTING SERVICES
- Accounting for settlement funds
- Accounting for attorney funds and payments to vendors Issuing payments to claimants, attorneys, lien holders, experts, etc.
- Tracking and reporting of reserves established, spent and available
- Preparation and filing of federal/state tax returns for Qualified Settlement Funds and Trusts Issuance of IRS forms 1099 and 1096, where applicable
- Accumulation and reporting of attorney common benefit time and expenses
For
more information please email Dennis McCartney at
dennism@bb-cpa.com
Please
include your name, company, title,
address, email and phone number.
Dedicated claimant phone lines:
504-840-3850 or toll free 800-840-3850
Mailing Address:
Court Appointed Disbursing Agent,
P.O. Box 70600
New Orleans, LA 70160-0600
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