« Back to Blog
Update on MoneyGram Supreme Court Case
Posted on Jun 8, 2017 by JMS Advisory Group |
A Special Master appointed by the U.S. Supreme Court will soon be making rulings on Motions filed by multiple parties to this litigation. Many threshold and jurisdictional issues are at stake in these Motions, including the following:
- Whether MoneyGram should be added as an official party to the case, which would make it more than a dispute among states;
- Whether Delaware may expand its claims to include official checks from other companies; and,
- Whether the litigation should be split into two stages, one for liability and the second for damages, as proposed by Texas on behalf of several other states.
This Bloomberg BNA article provides more color on the current proceedings.
Stay tuned to our blog for further developments and contact us with any questions about unclaimed property compliance.
texas v new jersey,
unclaimed money orders