Distribution Services
Restructuring, Class Action, Mass Tort Technology
Distribution Services
Our clients trust BMC Group to help with their corporate restructuring, insolvency, and class action and mass tort settlement distribution needs. We go to great lengths to protect the confidentiality of the data entrusted to us by our clients. BMC Group's internal controls are designed to exceed both regulatory standards and industry practices. These controls — together with our quality assurance and security measures — ensure the efficient, accurate, and cost-effective distribution of settlement benefits, including checks, coupons, vouchers, and products.
BMC Group efficiently manages all aspects of distribution for a wide range of settlement benefits including:
- Controlled Disbursement
- Cash Management
- Investment management
- Escrow services
- Tax reporting (1099, 1098, and W-2)
- Qualified Settlement Fund tax reporting
Additionally, we manage escrow and IRS compliance issues on behalf of our clients. To enforce strict financial controls and minimize the possibility of fraud, BMC Group’s check distribution processes are based upon “best payment practices” as outlined by a consensus of treasury management professionals.
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