Hawaii Sample Letter for Settlement Proceeds

State:
Multi-State
Control #:
US-0888LTR
Format:
Word; 
Rich Text
Instant download

Description

This form is a sample letter in Word format covering the subject matter of the title of the form.

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FAQ

Act 279 Waitlist Reduction Act Act 279 was signed into law by Governor David Ige in July 2022, which appropriated $600M in funding to DHHL to address its growing waiting list. DHHL has awarded homestead lots to more than 10,000 Native Hawaiians since its inception, but more than 29,000 are still waiting.

Final Approval Hearing ? July 21, 2023 The Court ruled that the $328 million settlement was fair, reasonable and adequate that that attorneys' fees of 12.19% of the settlement ($40 million) fairly compensated class counsel.

This information is for Class Members in the Kalima v. State lawsuit. Class Members are ?All persons who filed claims with the Hawaiian Home Lands Trust Individual Claims Review Panel on or before August 31, 1995.?

The Court ruled that the $328 million settlement was fair, reasonable and adequate that that attorneys' fees of 12.19% of the settlement ($40 million) fairly compensated class counsel. About 50 people attended the hearing and 120 attended by Zoom.

The last hurdle for the 2022 landmark $328 million settlement in the Hawaiian homesteads class-action lawsuit has been cleared, and the settlement funds can now be transferred to the 2,515 settlement class members in Kalima v. State of Hawaii.

What Should Be Included in a Settlement Agreement? Identifying information for all involved parties. A description of the issue you're seeking to settle. An offer of resolutions that both parties agree to. Proof of valid consideration from both parties without coercion or duress. Legal purpose.

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Hawaii Sample Letter for Settlement Proceeds