 On November 22, 2000, Judge Edward R. Korman announced a settlement of this case with his approval of a plan featuring the payment of $1.25 billion into funds controlled by the Israeli Banking Trust.Judah Gribetz was appointed Special Master to administer the plan, which is sometimes called the Gribetz Plan after its chief author.As of December 31, 2015, US$1.28 billion has been disbursed for 457,100 claimants.