Joshua Voss, a partner in Kleinbard’s Litigation Department was quoted in a Law 360 article on the Supreme Court’s decision to hear oral arguments in a long-standing dispute between Delaware and 30 other states, including Pennsylvania, over who can take custody of abandoned MoneyGram official checks. In May of 2021, a special master found the abandon checks should be governed by a federal unclaimed property statute, which dictates that the state where certain financial instruments were purchased should take custody of them. The Court had the option to accept or reject the special master’s report or schedule the matter for argument on Delaware’s exceptions to the report. If the Court were to side with the special master’s recommendation, approximately $300 million in unclaimed property be re-allocated among the states.
Voss, who continues to represent Pennsylvania in the case, noted that the parties had completed briefing and are expecting an argument date early in the Court’s next term.
“I think it means that Delaware hasn’t clearly explained [its opinion] that the master’s report is wrong,” Voss said of the court’s decision to hear arguments.
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