Share this!
subscribe_today.png

 

Top Stories

Share this!

white earth constitutional reform stalled by infighting-council-web.jpg White Earth constitutional reform stalled

A gag order on White Earth's Chairwoman on talking about reform efforts leads her to tell her side of the story.

Read more ...

Columnists

Share this!

jpeg_pic.jpg Nick Metcalf on Native Pride

For Minnesota's American Indian Month, columnist and recent TEDx presenter Nick Metcalf writes about the realities of being Native in today's society.

Read more ...  

The Arts

Share this!

the art of resistance 1-web.jpg

The Art of Resistance

Twin Cities Native community members come together for an evening of defining the Native experience through art.

Read more ... 

Citizen Journalism

Share this!

Citizen JournalismCreate your free account and submit your own stories to The Circle website.Register for free and start publishing!

Article Guidelines

Watch the video to learn how!

Claim forms due in Sept. for Cobell fund settlement
Saturday, August 13 2011
 
Written by The Circle Staff,
Average user rating    (0 vote)
Share this!
Judge Thomas Hogan issued an order on July 27 granting final approval to the $3.4 billion
       settlement for the Cobell trust fund lawsuit.
The order follows the decision he issued from the bench at the June 20 fairness hearing. He awarded $99 million in attorneys fees and approved incentive payments for Elouise Cobell, a member of the Blackfeet Nation of Montana, and three other named plaintiffs.
Every beneficiary will automatically receive a $1,000 payment as part of the Historical Accounting Class. The order does not indicate when the money will be disbursed but it will likely occur after the appeal period for Hogan's order ends on September 26.
The order sets out another important deadline for the settlement. Beneficiaries who want a payment from the Trust Administration Class must file a claim form by September 16.
Beneficiaries will find out by November 4 whether they are eligible. Those who want a reconsideration must file one by December 5.
One final appeal is allowed by February 6, 2012. The order does not indicate when payments from the Trust Administration Class will be disbursed.
The Trust Administration Class is based on the income that a beneficiary has collected in his or her Individual Indian Money (IIM) account. The minimum payment will be $800 but some might receive hundreds of thousands of dollars.
According to Hogan's order, 1,824 people opted out of the Trust Administration Class. The majority are members of the Quapaw Tribe of Oklahoma who have filed their own trust mismanagement lawsuit.

Users' Comments (0)

No comment posted

Add your comment



mXcomment 1.0.9 © 2007-2015 - visualclinic.fr
License Creative Commons - Some rights reserved
< Prev   Next >

Sponsors

Share this!

bald_eagle_erectors_web_size.jpglogo spot_color - copy.jpg 

pcl_leaders_web_size.jpg

api_supply_lifts_web_size.jpg

 

 

 

 

Login to The Circle

Not a member yet?
Create your free account.





Lost Password?
No account yet? Register
Register with The Circle News and submit your own stories. You report the latest!

Ads

Syndicate

Share this!