Interim settlement79 Sample Clauses

Interim settlement79 a Process The first general Maori fisheries claim was initiated before the Waitangi Tribunal by the Muriwhenua tribes in 198680 and was reported on 15 June 1988. The claimants’ allegation, that the Crown had breached their Treaty fishing rights in general and in particular under the new QMS, was upheld.81 As the Muriwhenua claim was being heard, however, the Crown was continuing with the introduction of the QMS. The Crown was warned twice by the Waitangi Tribunal that this action constituted a breach of the Treaty.82 The Crown ignored the first warning. The second time, Xxxxx had also gone to court. Xxxxx commenced court proceedings on 30 September 1987 seeking judicial review of the Minister of Fisheries’ decision to allocate quota under the QMS. They based their action on section 88(2) of the Fisheries Act 1983, which stated that “Nothing in this Act shall affect any Maori fishing rights.” The Maori claimants argued that section 88(2) incorporated Treaty fishing rights and/or aboriginal title rights and that 79 See generally X Xxxxxx A Question of Honour? Labour and the Treaty 1984-1989 (Xxxxxxxxxx, Xxxxx and Xxxxx, 1990); X Xxxxxx New Zealand's Constitution in Crisis (Xxxxxxxxxx, Xxxx Xxxxxxx, 1992 ); A Frame "A State Servant Looks At the Treaty" (1990) 14 NZULR 82. 80 The earlier Motonui, Manukau, and Kaituna claims were not general claims, but involved particular Crown practices which had impacted on Maori fisheries. The Muriwhenua claim concerned both land and fisheries, but fisheries were reported on separately and the land claim is still being heard. The second general fisheries claim heard was made by Ngai Tahu, and was reported in 1992 as Ngai Tahu Sea Fisheries, after the lands claim, Ngai Tahu, in 1991. 81 Muriwhenua, 228. 82 The first Waitangi Tribunal memorandum, concerning the initial allocation of quota under the QMS, was issued on 8 December 1986. The second concerned the Government’s proposal to bring more species under the QMS, and was issued on 30 September 1987. These memoranda are reproduced in Muriwhenua, 289-297. SEALORDDEAL 403 these rights were affected by the QMS in contravention of the section.83 The High Court, on this basis, granted an interim declaration that the Crown ought not to proceed with allocations of those species in Muriwhenua84 and, later, in all of New Zealand.85 The Crown was thus forced to negotiate with Maori.86 On 25 November 1987, a Joint Working Group, comprising four Crown and four Maori representatives,87 ...
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Related to Interim settlement79

  • The Settlement The Settlement was reached on May 11, 2018. Class Counsel filed this action on May 10, 2018. Over two years prior to the filing of this action, Class Counsel and Defendant’s Counsel conducted an adversarial informal discovery process. Class Counsel reviewed and analyzed thousands of pages of documents provided by Defendant and also reviewed many other documents, including U.S. Department of Labor Forms 5500 and other publicly available documents. The Parties participated in mediation before a nationally recognized mediator who has extensive experience in resolving similar claims involving other 401(k) plans. Only after six months of extensive arm’s length negotiation following the mediation were the parties able to agree to the terms of the Settlement. As part of the Settlement, a Qualified Settlement Fund of $17,000,000 will be established to resolve the Class Action. The Net Settlement Amount is $17,000,000 minus any Administrative Expenses, taxes, tax expenses, Court-approved Attorneys’ Fees and Costs, Class Representatives’ Compensation, and other approved expenses of the litigation. The Net Settlement Amount will be allocated to Class Members according to a Plan of Allocation to be approved by the Court. In addition to the monetary component of the Settlement, the Parties to the Settlement have agreed to certain additional terms: (1) During the first eighteen months (18) following the final approval of the Settlement, Defendant has agreed that the Plan’s fiduciaries will conduct a Request for Proposal (“RFP”) process for recordkeeping services to the Plan; (2) Within the first year following final approval of the Settlement, Defendant has agreed to publish a communication to then current Plan participants explaining the risks and benefits of the Plan’s money market fund investment option; (3) Defendant also will use an independent consultant familiar with fixed income investment options in defined contribution plans who will review the investment lineup and make recommendations to the Plan’s fiduciaries regarding whether to retain the money market fund and whether to add a stable value or comparable fund; (4) In addition, during the three- year Settlement period, Defendant has agreed to provide Class Counsel a list of the Plan’s investment options and fees; and (5) In considering investment options for the Plan, Defendant has agreed that the Plan’s fiduciaries will consider: (a) the lowest-cost share class available for any particular mutual fund considered for inclusion in the Plan as well as other criteria applicable to different share classes; (b) the availability of revenue sharing rebates on any share class available for any particular mutual fund considered for inclusion in the Plan; and (c) the availability of collective trusts, to the extent such investments are permissible and are otherwise identical to a particular mutual fund considered for inclusion in the Plan.

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  • Rollovers of Exxon Xxxxxx Settlement Payments If you receive a qualified settlement payment from Exxon Xxxxxx litigation, you may roll over the amount of the settlement, up to $100,000, reduced by the amount of any qualified Exxon Xxxxxx settlement income previously contributed to a Traditional or Xxxx XXX or eligible retirement plan in prior taxable years. You will have until your tax return due date (not including extensions) for the year in which the qualified settlement income is received to make the rollover contribution. To obtain more information on this type of rollover, you may wish to visit the IRS website at xxx.xxx.xxx.

  • CLOSING AND SETTLEMENT Seller/Landlord shall determine the title company at which settlement shall occur and shall inform Buyer/Tenant of this location in writing. Buyer/Tenant agrees that closing costs in their entirety, including any points, fees, and other charges required by the third-party lender, shall be the sole responsibility of Buyer/Tenant. The only expense related to closing costs apportioned to Seller/Landlord shall be the pro-rated share of the ad valorem taxes due at the time of closing, for which Seller/Landlord is solely responsible.

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  • DISPUTES SETTLEMENT (1) Should any dispute arise as to the operation of this agreement and the parties are unable to resolve that dispute by amicable negotiation the parties shall refer such dispute to the Industrial Relations Commission for -

  • Payment of Settlement Amount (1) Within thirty (30) days of the Date of Execution, the Settling Defendants shall pay the Settlement Amount to Siskinds LLP, for deposit into the Trust Account.

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