01
Nov

Tribe Payday Loans: 2 Sovereign Tribes Drop NY Lawsuit

The Oklahoma-based Otoe Missouria Tribe and Michigan-based Lac Vieux Desert Band of Lake Superior Chippewa Indians have ended their federal lawsuit against New York state. The case revolved around their belief that states have zero oversight over them.

My personal interpretation of the tribes decision is that they simply do not have the financial resources to fight New York. Their failure to secure a temporary injunction permitting the tribe to continue operations in NY has caused them irreparable damage. This setback, in combination with the ACH Debacle I’ve previously written about, has led to their demise on this issue.

More on this:
1) Ballard Spahr
2) Turtle Talk

“The case has consumed considerable resources, and while our tribes will remain resilient despite the state of New York’s targeted attack,” the tribes decided to drop the suit, John Shotton, Tribal Council chairman of the Otoe-Missouria Tribe, and James Williams Jr., Tribal Council chairman of the Lac Vieux Desert Band, said in a joint statement.

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