Legal Opinion

Jicarilla Apache Nation, Formerly Jicarilla Apache Tribe v. United States

United States Court of Federal Claims

Decided June 24, 2013No. 02-25LPublishedCited by 9 opinions

1Opinion of the Court

Tribal trust case; Trial; Standard of review; Cheyenne-Arapaho Tribes — statutes give rise to fiduciary obligation to maximize trust income by prudent investment; Breach of trust — investment decisions; Underinvestment — investing in short-term investments/laek of diversification; Liquidity; Pooling; Unauthorized disbursements; Deposit lag; Negative interest; Damages; Standard for damages for breach of trust; Use of investment modeling techniques; Evaluation of hypothetical portfolios; Damages determined for period of suit; No damages awarded for period from 1992 to present; Damages for…

2Cases cited81 opinions

  1. United States v. MitchellSupreme Court of the United States · 1983
  2. United States v. Winstar Corp.Supreme Court of the United States · 1996
  3. Library of Congress v. ShawSupreme Court of the United States · 1986
  4. United States v. White Mountain Apache TribeSupreme Court of the United States · 2003
  5. Merrion v. Jicarilla Apache TribeSupreme Court of the United States · 1982

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3Cited by9 opinions

  1. Tamra Acorn, Rebecca Shwen, and Federer Holding Company, LLC, a Wyoming close limited liability company v. Lori Moncecchi and Dino MoncecchiWyoming Supreme Court · 2016
  2. Goodeagle v. United StatesUnited States Court of Federal Claims · 2015
  3. Inter-Tribal Council of Arizona, Inc. v. United StatesUnited States Court of Federal Claims · 2025
  4. Inter-Tribal Council of Arizona, Inc. v. United StatesUnited States Court of Federal Claims · 2018
  5. Jicarilla Apache Nation v. United StatesUnited States Court of Federal Claims · 2016

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