A Neglected Type of System: Claims Agents’ Sites

Bankruptcy claims agents’ websites often offer a wealth of freely accessible and current information, offering great benefit to the public and the stakeholders in bankruptcy cases. As far as I can tell thus far, however, claims agents’ sites have received scant attention from the legal informatics world. Websites of the major claims agents authorized to serve in cases in the Southern District of New York Bankruptcy Court are listed here, and those authorized in the Delaware court are listed here.

As I’ve explained in my bankruptcy research guide, the claims agent engaged to receive and organize creditors’ claims in a bankruptcy case commonly hosts a Website providing direct access to claims and claim-related documents filed in a case. Moreover, some claims agents’ Websites, such as those made by Kurtzman Carson Consultants LLC, provide access free of charge not only to claims, but also to all court documents filed in the case (i.e., the entire docket, in full text), including First-Day Motions, schedules, and statements. A claims agent providing these services offers public access to most of the key documents in a bankruptcy case (obviating the need for recourse to PACER), and also increases the efficiency of many case-related transactions by lowering information costs for all stakeholders.

Here’s a recent example: within about 3 hours after Chrysler LLC filed its Chapter 11 petition, the claims agent in the case, Epiq Systems, Inc., had the petition, press releases, all first day motions, and a current docket with full text of documents available from its Chrysler case website.

Claims agents sites warrant more attention from those who study legal information systems.

[NOTE: Updated 4 January 2013 to correct the URL for the Delaware list.]

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2 Responses to A Neglected Type of System: Claims Agents’ Sites

  1. Lynn Sturdivant says:

    Would you be able to provide me with information regarding major claims agent websites that have information on bankrupt absbestos related compaines. Thanks.

  2. legalinformatics says:

    I recommend identifying the cases first, and then identifying the claims agents in those cases. To identify the cases, I recommend searching the indexes of BNA’s Bankruptcy Law Reporter, http://www.bna.com/products/corplaw/bblr.htm , or Bankruptcy Law 360, http://bankruptcy.law360.com/ .

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