Is it possible to structure cases not involving physical injuries?
Periodic payments are used today to resolve a wide range of claims. Defendants used to be constrained by IRS limitations in Section 130 as to what could be assigned, which limited them to personal physical injury torts and workers compensation claims filed after August 5, 1997. By entering in to an agreement for periodic payments and then transferring the payment obligation to NABCO or BARCO, a defendant can, transfer risk, reduce costs, and increase flexibility. NABCO and BARCO will take the following cases.
