There are usually some funds left over after a class action settlement or judgment has been administered. But what do you do with those residual funds? Often, they are distributed on a cy pres—or "as near as"—basis to charitable organizations. This seminar will explore recent developments in state and federal law on the subject, including the new Illinois statute, 735 ILCS 5/2-807, which requires that at least 50% of residual funds in Illinois cases be distributed to charitable organizations dedicated to equal justice.
If you intend to take a course for CLE credit, please make sure your state is listed in the "Accreditation" section to the upper right of the program description. West LegalEdcenter will not provide accreditation for states not listed. Accreditation displayed is unique to the purchased program format (live conference, live webcast, on demand, podcast). Credit totals listed for live conferences are the maximum credits available. Credits issued will be based upon actual time in attendance. Credit totals for other formats are for complete programs. Partial credit is not available for any online or downloadable format.
This product is intended for individual use by the named purchaser. Group viewings for online programs may be arranged for five or more attorneys within the same organization prior to viewing by emailing sales@westlegaledcenter.com.
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