Aloha,

I hope this email finds you well as we embark on a new year together. I know we are all determined to see money damages transfer from the companies and governmental entities that caused these deadly fires on Maui in August of 2023. As of today, one of the last obstacles standing in the way of the settlement being funded is the subrogation insurers’ appeal that will be argued before the Hawaii Supreme Court on Oahu on January 27th, 2026. Additionally, around February 4th, the defendants should finalize the last conditions necessary to fund the settlement.

The funding schedule is as follows to start the initial payment and will proceed over a period of four years as indicated in the table below.

So, what does all of this mean? Well, we need the Hawaii Supreme Court to make a ruling (hopefully quickly) against the subrogation insurance carriers. The last time the subrogation insurance carriers had an appeal go in front of the Supreme Court, the Court ruled a couple of days later denying their appeal, and hopefully that happens in this matter. We also need to get to that February 4th date for the last requirements of the settlement agreement to be realized.

At this point, as long as the subrogation insurance carriers do not appeal anything else, the foundation should be laid for this initial funding of over $1.1 billion to flow into the settlement fund for the benefit of you and all other parties that qualify for a settlement in this case. Once that happens, the Trustee and their team will begin making claim determinations and sending them out to you and the other individual claimants.

We will be with you through this process, analyzing the money they are assigning you to damages and guiding you on the best way forward. If we do not agree with the assessment, we have a right to ask for a reconsideration and additional money, and that process will begin once the settlement is funded.

I am looking forward to that update that I send once the settlement is funded and the much-needed resources flow to you and others so wrongly affected by these devastating fires. In the meantime, we will continue with our weekly updates and will keep you apprised on everything as we continue marching forward together.

Mahalo and Aloha,

Andrew Van Arsdale