Fund Allocation & Administration
Methodical and Transparent.
Determining how to equitably distribute funds to claimants in a way that is transparent and understandable is key to the successful resolution of a settlement program.
Fund Allocation
From simple pro rata distribution to economic life value modeling, we have decades of experience designing allocation methods that are as fair as possible to every claimant and address individual requirements of a program.
Fund Administration
We efficiently and effectively provide the full breadth of all payment related tasks and responsibilities needed to ensure the successful fulfillment of program payment needs. We can design procedures to calculate award amounts, print, mail and track the status of checks, and in the case of electronic payments, we can coordinate the seamless exchange of program funds through PayPal, Wire, Zelle, Venmo, or ACH transactions.
Additionally, we can provide any ensuing post-payment oversight and follow-up activities, as needed, such as generation of end-of-year informational tax forms, stale check re-issuance, as well as ongoing monitoring and reconciliation of account balances and close-out reports.
Complete Solutions for Complex Claims
Find out how BrownGreer can help.
Related
CASE STUDIES
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Combat Arms Earplugs Settlement
We serve as the Claims Processor in the Fire Victim Trust, a $19 billion fund established for the benefit of claimants who suffered property loss, emotional distress and other damages as a result of the Butte, North Bay, and Camp Fires in Northern California.
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National Opioid Settlement
BrownGreer serves as the Directing Administrator for the 18-year, $26 billion National Opioid Settlement finalized with the “Big Three” drug distributors – AmerisourceBergen, Cardinal Health, and McKesson – and opioid manufacturer Johnson & Johnson.
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Fire Victim Trust
We serve as the Claims Processor in the Fire Victim Trust, a $13.5 billion fund established for the benefit of claimants who suffered property loss, emotional distress and other damages as a result of the Butte, North Bay, and Camp Fires in Northern California.
Read more