Opinion
Case No. CV 96-4849 (ERK) (MDG), (Consolidated with CV 96-5161 and CV 97-461).
May 29, 2007
MEMORANDUM ORDER
As provided under the Settlement Agreement, and in accordance with the procedures established in the December 8, 2000 Memorandum Order and in the Distribution Plan, the Claims Resolution Tribunal ("CRT") is hereby requesting the Court's approval, pursuant to Article 31(2) of the Rules, of 100 certified Award Denials listed in Annex A.
With this one hundred and twenty-ninth set, a total of 2,001 Certified Denials to 4,796 accounts will have been approved under CRT II. In 1,888 of these 2,001 Denials, the CRT concluded that the Claimant was not able to identify his or her relative as the account owner, in 83 cases the CRT concluded that the account owner closed the account and received the proceeds him/herself, in 25 cases the CRT determined that the Claimant was not entitled to the account owner's account, and in 5 cases the CRT determined that the evidence submitted by the Claimant was insufficient to support the existence of a bank account belonging to the Claimant's relative.
Therefore, it is hereby
ORDERED that the attached 100 Award Denials are hereby approved for release to the relevant Claimants.
It is further ordered that the Special Masters shall provide the Court with the name and address of every class member receiving an Award Denial which information shall be filed with the Court under seal.