Ideas & Insights

Delaware notices advise businesses to either participate in the state’s unclaimed property VDA Program or be subject to an audit.

Delaware notices advise businesses to either participate in the state’s unclaimed property VDA Program or be subject to an audit.

Delaware notices advise companies to either participate in the state’s unclaimed property VDA Program or be subject to an audit.

Anticipated regulations address unclaimed property examinations; create deadlines for holders to convert examinations and enter into VDAs.

Changes to recent unclaimed property legislation provide for various technical clarifications, additional time for adoption of regulations.

Delaware enacts major unclaimed property reform, incorporating provisions from the RUUPA and addressing current challenges.

Twenty-three states challenge the escheat of MoneyGram official checks, claiming instruments should have escheated to state of purchase.

Complaint that Delaware’s unclaimed property law was preempted by federal law and audit requests were illegal search and seizures dismissed.

Federal District Court finds that Delaware’s unclaimed property methodology and audit techniques violate substantial due process.

U.S. District Court allows unclaimed property holder to continue suit alleging Delaware’s escheat estimation methods violate the U.S. Constitution.