Small Business Resources, Business Advice and Forms from AllBusiness.com

CIRI Wins Elders Program Lawsuit.

The federal district court for the District of Alaska recently ruled that CIRI's Elders' Benefit Program is legal and dismissed a lawsuit that had been brought by a group of shareholders challenging the program, company officials said. The plaintiffs argued, among other things, that CIRI was

prohibited from making distributions to elders not given to every other shareholder on a per-share basis. CIRI argued that the Alaska Native Claims Settlement Act of 1971 expressly permitted such payments and the court agreed. The plaintiffs have 30 days to appeal the ruling.

In addition, make sure to read these articles:

  • Bankruptcies throughout Alaska (July 2003-July 2004).
    • The number of bankruptcies filed throughout Alaska in the period of one year has not changed; however the distribution of bankruptcy filings has varied. In ......
  • A HIRING DILEMMA: Pre-Employment Background Checks.
    • Courts have long held that companies have a duty and a responsibility to establish and maintain, a safe and secure work environment for their employees....
  • Grand jury indicts board member in pollution plot. (Update).
    • A federal grand jury in Anchor age last month indicted a corporate director, two corporate managers, a ship's captain and a first engineer for their ......
  • CIRI.
    • The CIRI board of directors selected CIRI shareholder Margie Brown as president and chief executive officer. Brown. a Yup'ik Eskimo originally from Takotna, has many ......
  • CIRI's Assets Grow to $989 Million.
    • Cook Inlet Regional Inc. President and CEO Carl Marrs announced that CIRI's net income for 1999 was $57.4 million. The company's total assets grew to ......
  • CIRI and Doyon Ltd. Announce Joint Venture.
    • CIRI and Doyon Ltd. recently announced intentions to jointly expand their corporate tourism ventures. The two Alaska Native corporations announced their agreement to investigate a ......
  • Listen to your elders!
    • One company learned some basic truths about assisted living by asking prospective residents How can an assisted living facility distinguish itself from among the growing ......
  • CIRI.
    • CIRI has hired Greg Jones as vice president, business development, with a primary focus on real estate business and development. Jones comes to CIRI with ......
  • FEATURE/Joycelyn Elders Blasts Bush as PresidentialChoice; Exclusive GayHealth.com...
    • Health & Feature Editors, Political Writers FEATURE... NEW YORK--(BUSINESS WIRE FEATURES)--Nov. 3, 2000 On the eve of the closest presidential election in decades, former United ......
  • "Voices Of The Elders" Project Unmasks Creativity, Significance and Common Ground for...
    • MINNEAPOLIS -- In America today, older adults are not always respected and participants of the community and are often ignored, isolated and even victimized. "Voices ......
  • CIRI.
    • Dawn Kimberlin was hired as the community relations specialist for CIRI, one of the 13 Alaska Native regional corporations. Kimberlin will oversee CIRI's strategic philanthropy ......
  • Respect Your Elders
    • Can you train people to have positive attitudes? Can you break through certain long-held beliefs that people have about older workers? Does the younger generation ......
  • CIRI ready to expand Talkeetna, Seward lodges, tour services
    • After only one year in operation, Talkeetna Alaskan Lodge owner Cook Inlet Region Inc. is expanding it by 100 rooms this summer. The Native corporation ......
T T T
art_print_gray Print art_email Email 16x16-digg-guy  Digg It delicious-small  del.icio.us

Business Resources

Sponsored Links

Site Map | Contact Us | FAQs | About Us | Media Kit | Reprints | RSS Directory | Sign Up for Free Newsletters | Disclosure Policy

Copyright © 1999 - 2008 AllBusiness.com, Inc. All rights reserved.
No part of this content or the data or information included therein may be reproduced,
republished or redistributed without the prior written consent of AllBusiness.com.
Use of this site is governed by our Copyright and Intellectual Property Policy, Terms of Use Agreement and Privacy Policy.

© Copyright 2008 The Gale Group, Inc. All rights reserved.
© Copyright © 2001 Alaska Business Publishing Company, Inc.


You may not repost, republish, reproduce, package and/or redistribute the content of this page,
in whole or in part, without the written permission of the copyright holder.

Get In-Depth Company Information from Hoover's | Buy a D&B Credit Report | What is in Your Company's D&B Credit Report? | Article Archives
Online Business Database | Online Business Information | Email Marketing Lists | Sales and Marketing Solutions | Business Mailing Lists
Information and opinions on AllBusiness.com solely represent the thoughts and opinions of the authors and are not endorsed by, or reflect the beliefs of,
AllBusiness.com, its parent company D&B, and its affiliates.