People of Bikini Claim 'No Questions Asked' Practices Resulted in Trusts' Depletion
Trusts created for persons from the Pacific island that became a nuclear test site have been drained, according to a lawsuit filed in Delaware Chancery Court.
August 20, 2024 at 04:35 PM
3 minute read
Trusts and EstatesThe people of Bikini Atoll—the Pacific island that became a nuclear proving ground in the 1940s—have filed a Court of Chancery suit against a trust fund administrator, alleging Arden Trust Company is responsible for depleting two trust funds set up by the U.S. government.
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