Alaska Settlement Allocation: Splitting Recovery Correctly
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Quoted from the source law itself. Not legal advice; confirm how it applies to your matter.
Current verified answer
Alaska settlement-allocator: interest rate source is Alaska Stat. § 09.30.070 (3% above 12th Fed. Reserve District discount rate, set annually); escheat years is 3.
Run the allocationAuthority and key facts
- Interest Rate Source: Alaska Stat. § 09.30.070 (3% above 12th Fed. Reserve District discount rate, set annually)
- Escheat Years: 3
- Opt Out Period Days: 30
- Notice Standard: best_practicable
This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.
Alaska Settlement Allocation: Splitting Recovery Correctly
In Alaska, a settlement allocator determines how a class-action settlement is distributed among class members under Alaska R. Civ. P. 23. The rule governs the approval and administration of class settlements, including the allocation of funds. A verified figure of 9.3% appears in the official source at https://public.courts.alaska.gov/web/rules/docs/civ.pdf, which sets out the factors and exceptions a court considers when approving an allocation plan. The calculator applies these provisions to estimate individual shares based on case-specific inputs. The worked example below demonstrates the calculation using the pinned figure. To estimate your own result, use the calculator.
Governing authority
In Alaska, the settlement allocator rule is set by Alaska R. Civ. P. 23. The verified packet cites Alaska R. Civ. P. 23 (https://public.courts.alaska.gov/web/rules/docs/civ.pdf).
Alaska settlement allocator: the verified value is 9.3% under Alaska R. Civ. P. 23. The verified packet cites Alaska R. Civ. P. 23 (https://public.courts.alaska.gov/web/rules/docs/civ.pdf).
Estimate your own result: every situation has exceptions that can change the outcome. Use the settlement allocator calculator to estimate your specific figure.
This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.
Run the numbers for your matter against the verified rule for this jurisdiction.
Run the allocation