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Supreme Court Clarifies Escheatment Authority of States Over Money-Order-Like Products | Weiner Brodsky Kider PC

On February 28, 2023, the Supreme Court issued an opinion determining which state is entitled to take prepaid funds that a bank, financial organization, or business holds in association. ....

United States , Weiner Brodsky Kider , Supreme Court , Abandoned Money Orders , Checks Act , Federal Disposition Act , Agent Checks , Teller Checks ,

Supreme Court on Abandoned Property Lawsuit

Supreme Court issued its decision in the abandoned property lawsuit Delaware v. Pennsylvania. The Court focused on which state was entitled to collect unclaimed property, which arose from 2 financial products sold by banks. Some estimate Delaware will owe more than $400 million ....

United States , New Jersey , Supreme Court Justice Ketanji Brown Jackson , Supreme Court , Us Supreme Court , Agent Checks , Federal Disposition Act , Bandoned Property Lawsuit , Elawarev Pennsylvania , Unclaimed Property , Federal Disposition Act , Exasv New Jersey ,

Pennsylvania wins federal case against Delaware over $20M property dispute

(The Center Square) – A federal squabble between Pennsylvania and a number of other states against Delaware may mean almost $20 million for the commonwealth. ....

United States , Center Square , Stacy Garrity , Supreme Court , Pennsylvania Treasury , Federal Disposition Act ,