What Happens After a Mass Tort Case Settles?

Mass Tort cases are complex. In fact, the post-settlement process for certain Mass Torts can take two or three years even without an appeal. What must happen in that time period?

First, more individuals might join the pool of claimants. Then, each claimant (or, more likely, their attorney) must prove up the claim and show the claimant qualifies for this settlement. The process continues for many, many months until an injury calculation and dollar allocation can be made for each person. Then comes what we normally think of as “post-settlement.” 

Settlement dollars usually must be transferred into the Qualified Settlement Fund, or QSF. Next, we think about Lien Resolution (which you should have started pre-settlement). Then there may be probate or bankruptcy issues. Finally, the QSF can distribute funds.

Join MASSIVE at the Mass Torts Made Perfect Spring Convention to hear about the tools that can make this arduous process easier for your clients.