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  1. Home
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  3. /Payout Watch

Maui Wildfire Settlement Payout Date: $1.1 Billion Is Sitting in Trust for 21,750 Claimants, and Not a Dollar Moves Until the Hawaii Supreme Court Rules on a $222 Million Fee Fight It Heard on September 15

The question people type is “maui wildfire settlement payout date.” The honest answer on September 17, 2026 is that there is none — and the reason is not the defendants. Hawaiian Electric authorized its first $479 million installment on April 10; roughly $1.1 billion of the $4.037 billion global settlement is in trust for the first distribution. What stopped the money is an appeal by three law firms and one survivor against Judge Peter Cahill's June order capping attorney fees at 3 to 10 percent and carving out a $222 million common-benefit fund. The Hawaii Supreme Court heard oral argument on September 15. Liaison counsel's stated expectation — not a court date — is a ruling this month and first payments by October. There is no claim form here: the money flows through the lawyers who filed the 94,816 claims, and the fee order decides how much of it reaches the people who lost Lahaina.

By Settlement Insight Data Desk · September 17, 2026

Maui Wildfire Settlement Payout Date: $1.1 Billion Is Sitting in Trust for 21,750 Claimants, and Not a Dollar Moves Until the Hawaii Supreme Court Rules on a $222 Million Fee Fight It Heard on September 15 — key figures at a glance

What is actually holding the money

Three years after the August 8, 2023 fire that killed 102 people and destroyed most of Lahaina, the settlement itself is done. The global deal — $4.037 billion as Hawaii media report it, $4.039 billion in Hawaiian Electric’s own announcement — is paid by Hawaiian Electric, the State of Hawaii, Kamehameha Schools, Maui County, Spectrum Oceanic, Hawaiian Telcom and affiliates of West Maui Land Co. It was reached in August 2024, papered in agreements dated November 1, 2024, and cleared its last legal condition on April 10, 2026, when the judgment against more than 200 insurers' subrogation claims became final. That same day Hawaiian Electric authorized the first of four equal annual installments of $479 million, drawn from money it had raised in a September 2024 equity offering and parked in a special-purpose vehicle. (The utility’s total share is $1.99 billion; the difference is the $75 million it had already put into the state’s One ʻOhana fund for deaths and serious injuries.) Local reporting puts the amount now held in trust for the first distribution at about $1.1 billion.

What stopped it is a fee order. On June 5, 2026, Maui Circuit Judge Peter Cahill capped what individual lawyers may take from their clients' recoveries and set aside $222 million as a common-benefit fund for the firms that did the work that benefited everyone. Three firms — Ranken & Shnider of Wailuku, PacLaw Group of Honolulu and Montegna & Thickstun of Wailuku — and a Lahaina survivor who lost his home, Michael Adrian Kahaleala Bates, appealed. The appeal was filed July 2 with the Intermediate Court of Appeals and transferred to the Hawaii Supreme Court on August 5. While it is pending, as The Garden Island and the Star-Advertiser have reported, no settlement payments can be made. That is the whole of the delay: not the utility, not the state, not the administrators — a dispute among the plaintiffs' own lawyers over how the pie is cut.

The fee order at the center of it

Judge Cahill's June order replaced the contingency contracts that survivors signed — Hawaii law allows up to 25 percent — with a schedule tied to when a lawyer was retained:

CategoryCap under Cahill's June 2026 order
Client signed after the August 2024 settlement was announced3%
Client signed before the settlementup to 8.33%
Case was set for trial before the settlementup to 10%
Extraordinary circumstances, at the judge’s discretion after a hearingup to 12.5%
Common-benefit fund for lead litigators, paid in years two, three and four$222 million, divided by a three-member panel: retired judges Jeff Crabtree and Dean Ochiai and retired Justice James Duffy

The lawyers had sought roughly $1 billion in fees. Cahill's own language about how the case arrived at settlement was not gentle — the global settlement, he wrote, “launched itself on a meander that emptied into a swamp of Stygian proportions” — and lead counsel Jesse Creed's response was that “the residents are doing the biggest sacrifice of all.” The appellants' position, argued by Samuel Shnider, is that the judge had no authority to rewrite private fee contracts at all: “This order is tort reform from the bench. The fee order must be vacated.” Their filing describes the court's role under the settlement agreement as “transactional and finite — approve the settlement, approve the administrator, and approve the plan.” Liaison counsel Cynthia Wong told the court the order “was appropriate and based on finding a balance” between lawyers and victims drawing from a limited fund.

What happened at the Hawaii Supreme Court on September 15

The court heard slightly over an hour of argument on Tuesday, September 15, 2026, before a five-member panel: Acting Chief Justice Sabrina McKenna, Associate Justices Todd Eddins and Lisa Ginoza, and Circuit Judges Kevin Morikone and Taryn Tomasa sitting as substitute justices. McKenna, Eddins and Ginoza pressed both sides on the case law and statutes; McKenna asked directly whether Cahill's order would limit the appellants' own fees, and Shnider confirmed that it would. A third lawyer, Lance Collins, agreed with the appellants on one point but proposed a different remedy.

No ruling was issued from the bench. The expectation that has been reported — and it should be read as exactly that, an expectation from one side's counsel — is Wong's: if the court rules later this month, settlement payments “may finally start going to victims by October.” A survivor quoted by Hawaii News Now in July, Marina Starleaf Riker, put the other view: “I wish that everyone involved would stop making promises they can't keep.” The record supports her caution. Payments were reported as possible “as soon as April” in March, as facing a “yearslong wait” in April, as “poised for first payout” in June, and as “delayed again” in August.

How the money will move once it can — and what a claimant nets

There is no claim form and no settlement website of the kind that class actions use. Every claimant is an individual plaintiff represented by counsel; the claims were filed through the lawyers. By June 2026 the count stood at 21,750 claimants, 94,816 claims, 215,000 supporting documents, across ten categories: real and personal property, living expenses, wage loss, business loss, emotional distress from displacement and from being in the “zone of danger,” physical injury and wrongful death. Four administrators value the claims — Honolulu mediator Keith Hunter, retired California judges Daniel Buckley and Louis Meisinger, and Cathy Yanni, who as trustee distributed the $13.7 billion California wildfire fund — and awards are pro rata to the severity of loss, paid in tranches as each annual installment arrives.

Two numbers put the scale in perspective. Civil Beat's arithmetic on the June filings works out to an average of about $190,000 per claimant across the four years, roughly $47,000 a year — an average, not a floor, in a distribution that runs from a lost car to a lost family. And the zone-of-danger category alone has 16,472 claims in three tiers of $200,000, $100,000 and $50,000; at the lowest tier that category would absorb about $823 million, a fifth of the entire settlement, before a single house is paid for. The combined claims, by liaison counsel Wong’s account to the court, total $12 billion to $15 billion against a $4.037 billion fund. Whatever the Supreme Court decides about fees changes the margin, not the shortfall.

The fee ruling is the last gate before the first tranche. If the order is affirmed, the administrators' allocations can be paid from the $1.1 billion in trust net of the capped fees; if it is vacated, the fee question presumably goes back to the circuit court — and the money waits again. We will update this page when the court rules. Until then, the only accurate answer to “when” is: after the ruling, and at the earliest in October.

The Data Behind This Story

Settlement
$4.037 billion global settlement of the 2023 Maui wildfire litigation as reported by Hawaii media ($4.039 billion per Hawaiian Electric’s announcement), reached August 2024; agreements dated November 1, 2024
Who pays
Hawaiian Electric ($1.99 billion including $75 million already paid to the One ʻOhana fund; the rest in four annual installments of $479 million), the State of Hawaii and Kamehameha Schools (roughly $800 million each per Civil Beat), Maui County, Spectrum Oceanic, Hawaiian Telcom, West Maui Land Co. affiliates
Last legal condition
April 10, 2026 — judgment against 200+ insurers' subrogation claims (entered December 30, 2025) became final; Hawaiian Electric authorized installment one the same day
In trust for first distribution
About $1.1 billion (Honolulu Star-Advertiser, September 16, 2026)
Claimants / claims
21,750 claimants; 94,816 claims; 215,000 supporting documents (as of June 2026); combined claims $12–15 billion per liaison counsel Wong at the September 15 hearing
Fee order
Judge Peter Cahill, June 5, 2026: 3% (retained after settlement), up to 8.33% (before), up to 10% (trial-set), up to 12.5% in extraordinary circumstances; $222 million common-benefit fund paid in years 2–4
Appeal
Ranken & Shnider, PacLaw Group, Montegna & Thickstun and survivor Michael Adrian Kahaleala Bates; filed July 2, 2026 (ICA), transferred to the Hawaii Supreme Court August 5; “no settlement payments can be made” while pending
Oral argument
Tuesday, September 15, 2026, Hawaii Supreme Court — Acting Chief Justice McKenna, Justices Eddins and Ginoza, Circuit Judges Morikone and Tomasa; no ruling from the bench
Earliest payout
October 2026 — liaison counsel Cynthia Wong's expectation if the court rules in September; not a court-ordered date
Administrators
Keith Hunter, Daniel Buckley (ret. judge), Louis Meisinger (ret. judge), Cathy Yanni — pro rata awards by severity, paid in annual tranches
Zone-of-danger tiers
$200,000 / $100,000 / $50,000; 16,472 claims — the lowest tier alone is about $823 million
Claim form
None — claimants are individual plaintiffs represented by counsel; the fee order determines what each keeps
  • Source: Honolulu Star-Advertiser, “Hawaii Supreme Court hears dispute over Maui wildfire attorney fees”, published September 16, 2026 on the previous day’s (Tuesday, September 15) argument, read September 17: the panel, the appellants, Shnider's and Wong's arguments, the fee tiers, $1.1 billion in trust, 21,750 claimants, $12–15 billion in combined claims, the “by October” expectation
  • Source: The Garden Island / Star-Advertiser, “Maui wildfire settlement payments delayed again”, August 16–23, 2026: appeal filed July 2 and elevated August 5; “no settlement payments can be made” while pending; $222 million fund paid in years two, three and four; 94,816 claims by 21,750 claimants; Wong's timing expectation
  • Source: Hawaiian Electric Industries Form 8-K, April 10, 2026 (SEC EDGAR): the December 30, 2025 subrogation judgment became final and unappealable; four equal annual installments of $479 million; first installment authorized April 10, 2026 from the September 2024 equity offering held in a special purpose vehicle; agreements dated November 1, 2024
  • Source: Honolulu Civil Beat, “A Win For Survivors: Judge Caps Maui Fire Legal Fees At $222M”, June 2026: the fee caps, the ~$1 billion sought, the $4.03 billion composition, Cahill's “swamp of Stygian proportions” and Creed's quote; and “$4 Billion Could Soon Begin Flowing To Maui Fire Victims”, June 2026: the four administrators, 21,750 / 94,816 / 215,000, the ten claim categories, zone-of-danger tiers and the 16,472 count, the ~$190,000 average, the three-member fee panel
  • Source: Hawaii News Now, “Law firm fights judge's ruling on attorney fees in Maui wildfire settlement”, July 29–30, 2026: the three appealing firms, the argument that contracts should govern, the 25% statutory ceiling, Riker's quote
  • Source: Hawaii News Now, March 7 and April 14, 2026, and Hawaii Tribune-Herald / Star-Advertiser, June 7–9, 2026: the sequence of earlier payout expectations (“as soon as April”, “yearslong wait”, “poised for first payout”) cited for the timeline only
  • Source: Spectrum News Hawaii, “Maui judge limits attorney fees in $4.03B wildfire settlement”, June 8, 2026: the “$4.037 billion settlement” figure, the order issued “on Friday” (June 5), the roughly $1 billion in fees sought, Governor Green’s statement
  • Source: Hawaiian Electric, “Hawaiian Electric joins global settlement agreement with others to resolve Maui wildfire litigation” (August 2024 release) and HEI’s update of the same month: HEI and Hawaiian Electric’s $1.99 billion including the $75 million previously contributed to the One ʻOhana Initiative, four equal annual installments, aggregate settlement of $4.039 billion among seven defendants

Journalists: these figures are free to cite with attribution to Settlement Insight. Custom data pulls: press@settlementinsight.com.

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