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SUPREME COURT OF THE STATE OF NEW YORK COUNTY OF NEW YORK In the matter of the application of Index No. 651786/2011 THE BANK OF NEW YORK MELLON (as Trustee under various Pooling and Servicing Agreements
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Cy pres petition is a legal request to distribute unclaimed class action settlement funds to charitable organizations.
The parties involved in a class action lawsuit are typically required to file a cy pres petition.
Cy pres petition can be filled out by providing details about the unclaimed settlement funds and the proposed charitable organizations to receive them.
The purpose of cy pres petition is to ensure that unclaimed settlement funds are put to good use by benefiting charitable organizations.
Cy pres petition must include information about the unclaimed settlement funds, proposed charitable organizations, and how the funds will be used.
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