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Trust
US Judgment Fund used to pay out out tribal trust settlements
Monday, March 10, 2014
The federal government's
Judgment Fund
has been used to pay out a slew of tribal trust fund settlements.
Last year, the fund was used for a
$188 million settlement
for the
Yakama Nation
of Washington, The National Law Journal reported. Another
$38.5 million settlement
went to the
Cheyenne River Sioux Tribe
of South Dakota.
Overall, $1.7 billion left the fund in 2013, down from about $4 billion in 2012 and about $3 billion in 2011. Those years included some big-ticket items -- a
$345 million settlement
for the
Osage Nation
of Oklahoma and the
$3.4 billion Cobell trust fund settlement
.
Get the Story:
U.S. Cuts Legal Tab in Half
(The National Law Journal 3/10)
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