RULE 23
CLASS ACTION - DISPOSITION OF RESIDUAL FUNDS
(Amended November 7, 2016)
(a) “Residual Funds” are funds that remain after the payment of approved class member
claims, expenses, litigation costs, attorney’s fees, and other court-approved disbursements
made to implement the relief granted. Nothing in this rule is intended to limit the parties to a
class action from recommending, or the trial court from approving, a settlement that does not
create residual funds.
(b) The Court may approve a settlement proposal that designates the recipients(s) of any
residual funds remaining after the claims payment process has been completed or, in the
absence of an approved proposal, may designate the recipient(s) in its discretion. Any
discretionary designation by the Court should include distribution of residual funds to charitable
institutions for uses consistent with the legitimate objectives underlying the lawsuit, the interests
of class members, and the interests of those similarly situated, when feasible. Where no such
charitable institutions can be identified, the residual funds may be designated for the
organization administering the program for the use of interest on lawyers’ client funds pursuant
to § 51-81c of the General Statutes for the purpose of supporting its activities including, but not
limited to, the funding of those organizations that provide legal services for the poor in
Connecticut.
