Law | Trust

Ute Mountain Ute Tribe accepts $42.6M in trust settlement






The Ute Mountain Ute Tribe of Colorado settled its trust mismanagement lawsuit with the federal government for $42.6 million.

Chairman Gary Hayes took part in an announcement at the White House earlier this month. His tribe is one of 41 that reached settlements with the Obama administration for a total of $1.082 billion.

"These settlements are fundamental to the government-to-government relationship between the United States and tribes," Hayes said at the White House. "These agreements mark a new beginning."

Get the Story:
Business director says settlement could help tribe’s financial future (The Durango Herald 4/24)
U.S. reaches historic agreements with 41 Indian tribes (Federal News Radio 4/24)

Related Stories:
Makah Nation settles trust mismanagement lawsuit for $25M (4/23)
Tule River Tribe receives $7.1M for trust fund settlement (04/17)
NARF cites Obama as catalyst for tribal trust settlements (4/13)
Leech Lake Band receives $3.5M in trust fund settlement (4/13)
Quechan Nation to receive $3M for trust fund settlement (4/13)
MPR: Chippewa Tribe receives $2M from trust settlement (4/13)
BSPR: Three Idaho tribes sharing in $1B trust settlement (4/13)
Settlement amounts in tribal trust cases cover big range (4/12)
Video: Announcement of $1B settlement in tribal lawsuits (4/12)
WH Blog: A new beginning in the federal trust relationship (4/12)
Tribal leaders hail $1B in trust management settlements (4/11)
DOI/DOJ press release on $1B in tribal trust settlements (4/11)
White House event on settlements in tribal trust lawsuits (4/11)