HOW TO SERVE LEGAL PAPERS ON FTI CONSULTING

FTI Consulting

Undisputed Legal | Maryland Process Service

FTI Consulting is a U.S.-based business consulting organization with its headquarters in Washington, DC. As a leading worldwide management consulting business, FTI routinely ranks among the world’s biggest financial consulting companies. 

Corporate finance and restructuring, economic and forensic consulting, strategic communications, and technology are some of the areas in which the organization has expertise. 

BACKGROUND

More than six thousand people work at FTI Consulting, which was founded as Forensic Technologies International Ltd in 1982. During the Lehman Brothers and GM’s bankruptcy as well as controversies like the Bernard Madoff scam, the Bush v. Gore case, and the MLB steroids investigation, FTI has been engaged in high-profile cases.   FTI Consulting was the biggest restructuring firm in the United States as of January 2020.

When Joseph Reynolds and Daniel Luczak, two engineers, created Forensic Technologies International in 1982, they did so to supply expert witnesses in court cases and to convey complicated technological topics visually to jurors. From 1992 through 1998, Luczak served as chairman of FTI. In May 1996, the business went public, raising eleven million dollars and debuting at USD 8.50 per share. It was one of the first firms in the field of litigation assistance to go public.

When Forensic Technologies International changed its name to FTI Consulting and started listing on the New York Stock Exchange as FCN in 1999, the company had already rebranded itself as FTI Consulting. Financial surgery on struggling firms, either via bankruptcy proceedings or workout scenarios with creditors, became an increasingly important part of FTI’s business strategy after 1998.

HOW FTI WORKS

Since the Sarbanes-Oxley Act of 2002, which prohibited auditors from offering advisory services to its public customers, the business has hired nearly a thousand personnel to its Forensic and Litigation Consulting (“FLC”) section. For USD 250 million in 2002, FTI Consulting acquired PricewaterhouseCoopersU.S. Corporate Recovery Services Division (BRS), the biggest bankruptcy, turnaround, and business restructuring service provider in the United States. On the year of its acquisition, in 2003, KPMG’s Dispute Advisory Services were bought out.  Compass Lexecon, a subsidiary of the corporation, was bought by the company in 2003 and renamed Compass Lexecon.

As a company, FTI Consulting has five divisions. Restructuring and insolvency services are provided by Corporate Finance and Restructuring, which is the first of two divisions. There is a second business, Economic and Financial Consulting, which offers economic research and expert evidence for law firms, enterprises, and government organizations, among others. While Forensic Consulting offers investigative and forensic accounting, it also gives building solutions. For companies dealing with “financial, regulatory, and reputational issues,” Strategic Communications provides public relations services. Managing e-discovery hazards requires specialist software, which may be found under Technology’s fifth category.

Forensic accounting, construction, intellectual property, and real estate are among the specialties represented within FTI’s workforce. 

Alliances have been made with companies and organizations across a wide range of sectors. It is a member of the World Economic Forum. Senior and regional executives of the company participate in Forum efforts on anti-corruption, energy, and professional services principles. 

SUBSIDIARIES OF FTI

FTI, LLC

FTI LLC is a foreign limited liability company for Maryland Process Service requirements. The entity first filed for incorporation with the Maryland Department of State on 24th November 2004. The entity thus falls under Delaware jurisdiction with The Corporation Trust Inc being its registered agent for Process Service. Since the registered agent of an entity is required to be in the same state, The Corporation Trust Inc receives Process Service at its Maryland address. However, the principal office of FTI LLC is also in Maryland

 The entity is classified under business code 20 for entities other than corporations. 

FTI CAPITAL ADVISORS, LLC

FTI Capital Advisors, LLC is a foreign limited liability company for Maryland Process Service requirements. The entity first filed for incorporation with the Maryland Department of State on 22nd July 2002. The entity thus falls under Maryland jurisdiction with The Corporation Trust Inc being its registered agent for Maryland Process Service. Since the registered agent of an entity is required to be in the same state, The Corporation Trust Inc receives Maryland Process Service at its Maryland address. 

FTI CONSULTING TECHNOLOGY LLC

FTI Consulting Technology LLC is an active foreign limited liability company in Maryland. FTI Consulting Technology LLC was incorporated on 11th January 2000 in Maryland though the entity has jurisdiction stemming from the state of Maryland. The entity is currently not in good standing. “Not in Good Standing” means the business entity is not in compliance with one or more Maryland laws that apply to businesses and their responsibilities in this State. Only business entities that are active can have a good standing status, so a business that has been voluntarily terminated will also show “not in good standing” because it is no longer active. 

The status can be returned to Good Standing by addressing the manner in which the business is out of compliance. If a business was voluntarily terminated, it cannot return to good standing because a voluntary termination is permanent. 

The most common reasons that a business is not in good standing are [A.] missing Annual Report and Business Personal Property Return, also called a Form 1 [B.] a monetary penalty resulting from the late filing of a Form 1-A check or other forms of payment that was dishonored [C.] having an active resident agent [D.] an issue with the Maryland Office of the Comptroller –An issue with the Maryland Department of Labor

For missing Annual Reports and Business Personal Property Returns, mail or hand, it is necessary to deliver Form 1 to the Baltimore office. The 2020 Form 1 is available. For late filing penalties, the fastest and easiest method is to pay the penalty through the Maryland Business Express.  Otherwise, to pay a late filing penalty, send a check or money order for the amount of the penalty to us or bring the payment to our Baltimore office. If mailing, include the MD SDAT identification number and either a cover letter, a copy of the penalty notice, or a copy of the business entity’s Personal Property tab from the business entity search on our website. Some late filing penalties are referred to Maryland’s Central Collection Unit, (CCU). Once a penalty is referred for collections, it cannot be paid through SDAT. If this is the case, you must pay the penalty directly to CCU. If the business entity is in forfeiture, provide written proof of payment to CCU to SDAT at the time you file your revival or reinstatement paperwork. 

Filings can be made by mail or by visiting the Baltimore Office. Currently, the registered agent for Maryland Process Service is the Corporation Trust Inc. However, the entity retains an office for registration in Bowie, where its principal office is located. Consequently, FTI Consulting Technology LLC. may be served physically upon its principal office or via mailing. It is also allowed to accept Maryland Process Service as adequately done upon its higher authorized officers, including the CEO or Secretary of the company. 

F & T, INC. A/K/ACARY, INC

F & T, INC. A/K/ACARY, INC comes under Dutchess, Maryland jurisdiction. The entity performs the function of a foreign business corporation. The entity, however, was incorporated in Virginia, where its principal office in Springfield is located. Currently, the entity goes under the name of Acary Inc with Ward H Oehmann as its registered agent. It is one of the older subsidiaries, having been registered on 24th February 1982 as a foreign corporation under business code number 12. 

FTI HOSTING LLC

FTI Hosting LLC is a limited liability company in Maryland. Despite the fact that it was founded and maintains jurisdiction in Maryland, the company is a foreign corporation established on July 16th, 2007. The Corporation Trust, Incorporated is the official representative of Maryland Process Service, despite the fact that it has offices in both Bowie and Lutherville.

FTI IP LLC

FTI IP, LLC is incorporated in the state of Maryland. For financial reporting, their fiscal year ends on December 31st. Unlike other FTI subsidiaries, the entity retains an address in Annapolis rather than Bowie. The entity has been registered on 15th November 2005.  Part of FTI Consulting, Inc., FTI IP LLC is an American company focused on professional membership organizations

LEXECON LLC

Founded in Chicago, Illinois, Compass Lexecon is a worldwide economics consulting firm. It analyses economic concerns for use in legal and regulatory processes, strategic choices, and public policy discussions. Competition Policy Associates (COMPASS) and Lexecon (established in 1977) were combined in January 2008 to become Compass Lexecon LLC, a fully owned subsidiary of FTI Consulting, a worldwide business advising company. Competition economics business Compass Lexecon has been regarded as one of the best in the world.

The chairman and president of the board are Daniel Fischel. Managing Director Jonathan Orszag is Jonathan Orszag. After purchasing Princeton Economics Group in May of 2013, Compass Lexecon now offers economic research, data analysis, as well as expert testimony to law firms and businesses. There are twenty-three offices in the Americas, Europe, the Middle East, and Asia that belong to Compass Lexecon.

For more information on serving legal papers, contact Undisputed Legal our  Maryland Process Service department at (800) 774-6922. Representatives are available Monday-Friday 8 am – 8 pm EST.  If you found this article helpful, please consider donating.  Thank you for following our blog, A space dedicated to bringing you news on breaking legal developments, interesting articles for law professionals, and educational material for all. We hope that you enjoy your time on our blog and revisit us!  We also invite you to check out our Frequently Asked Questions About Process Servers.

Sources

1. Bloomberg.com, Bloomberg, https://www.bloomberg.com/politics?pid=newsarchive&sid=al1epyQ7IkBs. 

2. “Madoff Ponzi Scheme: 10 Years Later.” FTI Consulting, https://www.fticonsulting.com/insights/case-studies/madoff-ponzi-scheme-10-years-later. 

3. Bush v. Gore, 531 U.S. 98 (2000), was a decision of the United States Supreme Court on December 12, 2000, that settled a recount dispute in Florida’s 2000 presidential election between George W. Bush and Al Gore.

On December 8, the Florida Supreme Court had ordered a statewide recount of all undervotes, over 61,000 ballots that the vote tabulation machines had missed. The Bush campaign immediately asked the U.S. Supreme Court to stay the decision and halt the recount. Justice Antonin Scalia convinced that all the manual recounts being performed in Florida’s counties were illegitimate, urged his colleagues to grant the stay immediately.[1] On December 9, the five conservative justices on the Court granted the stay for Bush, with Scalia citing “irreparable harm” that could befall Bush, as the recounts would cast “a needless and unjustified cloud” over Bush’s legitimacy. In dissent, Justice John Paul Stevens wrote that “counting every legally cast vote cannot constitute irreparable harm.” Oral arguments were scheduled for December 11.

In a per curium decision, the Court first ruled 7–2 (Justices Stevens and Ruth Bader Ginsburg dissenting), strictly on equal protection grounds, that the recount be stopped. Specifically, the use of different standards of counting in different counties violated the Equal Protection Clause of the U.S. Constitution. (The case had also been argued on the basis of Article II jurisdictional grounds, which found favor with only Justices Scalia, Clarence Thomas, and William Rehnquist.

Second, the Court ruled 5–4 against the remedy, proposed by Justices Stephen Breyer and David Souter, of sending the case back to Florida to complete the recount using a uniform statewide standard before the scheduled December 18 meeting of Florida’s electors in Tallahassee. The majority held that no alternative method could be established within the discretionary December 12 “safe harbor” deadline set by Title 3 of the United States Code (3 U.S.C.), § 5, which the Florida Supreme Court had stated that the Florida Legislature intended to meet.[2] That deadline arrived two hours after the release of the Court’s decision. The Court, stating that not meeting the “safe harbor” deadline would therefore violate the Florida Election Code, rejected an extension of the deadline.

4. “Our History: About: FTI Consulting.” Our History | About | FTI Consulting, https://www.fticonsulting.com/about/our-history. 

5. The Sarbanes–Oxley Act of 2002 is a United States federal law that mandates certain practices in financial record keeping and reporting for corporations. 

6. “FTI Consulting to Acquire U.S. Business Recovery Sevices Division of PricewaterhouseCoopers.” FTI Consulting, Inc., https://ir.fticonsulting.com/news-releases/news-release-details/fti-consulting-acquire-us-business-recovery-sevices-division. 

7. THE CORPORATION TRUST, INCORPORATED
2405 YORK ROAD
SUITE 201
LUTHERVILLE TIMONIUM MD 21093-2264

8. Principal Office: SUITE 200
16701 MELFORD BLVD.
BOWIE MD 20715

9. Principal Office: SUITE 200
16701 MELFORD BLVD.
BOWIE MD 20715

10. THE CORPORATION TRUST, INCORPORATED
2405 YORK ROAD
SUITE 201
LUTHERVILLE TIMONIUM MD 21093-2264

11. Charter Legal Department by calling 410-767-1006 or e-mailing SDAT.charterhelp@maryland.gov

12. For issues with the Maryland Office of the Comptroller, call 410-649-0633 For issues with the Maryland Department of Labor, call 410-767-2741

13. 301 West Preston Street, Baltimore, Maryland 21201, Room 801

14. Principal Office: SUITE 200
16701 MELFORD BLVD.
BOWIE MD 20715

15. Principal Office:8136 OLD KEENE MILL ROAD
SPRINGFIELD VA 22152

16. Resident Agent:

WARD H. OEHMANN
5530 WISCONSIN AVE.
SUITE 1050
CHEVY CHASE MD 20815

17. Principal Office: SUITE 200
16701 MELFORD BLVD.
BOWIE MD 20715

18 900 BEST GATE ROADANNAPOLIS MD21401

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