Common Contracts

1 similar Settlement Agreement contracts

SETTLEMENT AGREEMENT
Settlement Agreement • March 14th, 2023

In 2014, the Plaintiffs initiated this putative class action against Defendants Van Buren County and its current treasurer and a putative defendants class consisting of all the other Michigan counties. The Plaintiffs alleged that the Defendants violated their civil rights contrary to 42 U.S.C. § 1983 by failing to give Plaintiffs the proceeds from the sale of the tax-foreclosed properties formerly owned by Plaintiffs that exceeded the unpaid taxes, fees, and other costs associated with those properties. These claims have become known as “surplus-proceeds claims.” Plaintiffs here were seemingly the first to assert surplus-proceeds claims in Michigan.

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