Kili/Bikini/Ejit Local Government Council et al v. Arden Trust Company NA: Complaint (‘Mismanagement of Resettlement Trust’)

Complaint alleging “egregious mismanagement” of a “Resettlement Trust” whose “market value” has “fallen from approximately $60 million when Arden became trustee [in 2018] to $89,002 as of June 30, 2024, a decline of more than 99%” in The Kili/Bikini/Ejit Local Government Council, on behalf of the People of Bikini, in the Marshall Islands; Tommy Jibok, Rodney Lewis, Hemri Lajdrik, and Senator Jess Gasper, Jr., in their capacities of the trusts at issue v. Arden Trust Company, NA at the Court of Chancery of the State of Delaware. USA.


  • 80
    August 19, 2024
    Kili/Bikini/Ejit Local Government Council, Tommy Jibok, Rodney Lewis, Hemri Lajdrik, Jess Gasper Jr.
    Xx Xx Xx
    Arden Trust Company NA
    Michael Vild, Cross & Simon