A federal appeals court has thrown out a class action against ousted trustees of Hawaii’s $10 billion Bishop Estate.
The decision came on Jan. 26 in the 9th U.S. Circuit Court of Appeals.
The 9th U.S. Circuit Court of Appeals has thrown out a class action against ousted trustees of Hawaii's $10 billion Bishop Estate. Led by plaintiff Elizabeth S. Burgert -- a Hilo woman with two grandchildren attending the Kamehameha School, which the trust runs for native Hawaiians -- the suit alleged that the five trustees dissipated fund assets in violation of the Native Hawaiian Education Act and the Native Hawaiian Health Care Act.
February 02, 2000 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
A federal appeals court has thrown out a class action against ousted trustees of Hawaii’s $10 billion Bishop Estate.
The decision came on Jan. 26 in the 9th U.S. Circuit Court of Appeals.
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