Settlement Allocator in Maine
2 min read
Published July 14, 2026 • By DocketMath Team
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Quoted from the source law itself. Not legal advice; confirm how it applies to your matter.
Current verified answer
Maine settlement-allocator: interest rate is 6; interest rate source is Me. Rev. Stat. tit. 14, § 1602-C (1-year T-bill + 3%, min 6%).
Run the allocationAuthority and key facts
- Interest Rate: 6
- Interest Rate Source: Me. Rev. Stat. tit. 14, § 1602-C (1-year T-bill + 3%, min 6%)
- Escheat Years: 3
- 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.
Settlement Allocator in Maine
In Maine, a settlement allocator determines how a class action settlement is divided among class members under the procedures set by Me. R. Civ. P. 23. The rule governs the approval and distribution of settlement funds, including the allocation of attorneys’ fees, costs, and awards to class representatives. A verified figure of 6% applies as the benchmark for certain allocations, though the rule also provides for adjustments based on factors detailed in the official source. The exact formula and criteria for calculating individual shares are specified in the rule text, which the calculator applies automatically. The worked example below demonstrates how the allocation is computed. Use the DocketMath calculator to estimate your own settlement share.
Governing authority
In Maine, the settlement allocator rule is set by Me. R. Civ. P. 23. The verified packet cites Me. R. Civ. P. 23 (https://www.courts.maine.gov/rules/text/mr_civ_p_plus_2023-02-01.pdf).
Maine settlement allocator: the verified value is 6% under Me. R. Civ. P. 23. The verified packet cites Me. R. Civ. P. 23 (https://www.courts.maine.gov/rules/text/mr_civ_p_plus_2023-02-01.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.