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January 30, 2015 Update:  Court Approves Plan of Distribution of Funds to Class Members

January 30, 2015 Update:  Court Approves Plan of Distribution of Funds to Class Members

The great news keeps on coming this week.  Today, Judge Erik Price of the Thurston County Superior Court approved our proposed Plan of Distribution of the money owed to you.  If you missed our earlier post explaining what a Plan of Distribution is, you can read it here.  Both the State and several non-profit entities potentially entitled to any money left over after you are reimbursed for your share of $85 million judgment against the State (courts call these “leftovers” a “residual”) wanted to delay the process while sorting out precisely how the residual, if any, will be distributed to the State and those non-profits.  However, we successfully argued that you have waited long enough for the money owed to you already, and the Court should simply approve a plan for paying you now and cross the “residual” bridge if and when we actually get there.

Getting the Court to approve a Plan of Distribution was the next-to-last step in the process for getting you the money owed to you under the judgment.  And, as we discussed in our last post, it looks like the last piece of the puzzle will slide into place sooner than we thought.  Originally, the State said that it intended to pay the $85 million judgment this July.  However, yesterday, the state House of Representatives passed a supplemental budget authorizing payment of the judgment.  If the state Senate also passes the supplemental budget and Governor Inslee signs it into law, the State could make its payment (and money starts going out to you) much sooner than July.  We will keep you posted.

In the meantime, many of you have called or written asking how much money you will receive from the judgment.  Now that we have a Plan of Distribution in place, we have our damages expert calculating precisely how much money you are entitled to under the judgment.  We will update you here when those numbers are available.

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