Kelmar
Univar, Chapter Two: Only a Pair of Constitutional Claims Survive Dismissal (For Now)
Our Unclaimed Property Team breaks down the many individual issues at stake in the continuing epic of Univar’s struggle against Delaware and its use of a third-party auditor, and how the courts are deciding in light of earlier Third Circuit rulings.
The procedural due process and equal protection claims survive
The other claims were dismissed, but could be revived later
The next chapter will be set (again) in chancery court
Read the full advisory here. [...]Read more
Delaware’s Escheats Law Is Back in Court
Our Unclaimed Property Group examines the latest challenge to Delaware’s Escheats Law, regulations, and audit practices.
Lawsuit in response to state subpoena of holder’s records
Substantive challenge to audit practices even after recent Escheats Law amendments
Comparison to Plains All American Pipeline and Temple-Inland
Read the full advisory here. [...]Read more
Third Circuit Continues the Marathon Battle Over Delaware’s Escheat Law
Delaware’s unclaimed property law continues to face challenges in federal court. Our Unclaimed Property Group runs through the latest twist in the ongoing Marathon v. Cook saga at the Third Circuit.
Federal common law rule
Ripeness of the challenge
A dim view of Delaware’s aggressive audits
Read the full advisory here. [...]Read more
Plains All American Case Dismissed – Federal Court Determines Holder Must Develop Factual Record Before Challenging Kelmar Unclaimed Property Audit
On August 16, 2016, the U.S. District Court for the District of Delaware granted Kelmar’s and Delaware’s motions to dismiss in Plains All American Pipeline, L.P., v. Cook, et al.[1] The court determined that the Plaintiff (1) lacked standing to sue Kelmar, (2) had not demonstrated ripeness of declaratory relief against Delaware for any of its claims, except equal protection, and (3) failed to state a cause of action regarding its equal protection claim.
Background
In 2014, Delaware, through its third-party auditor, Kelmar, initiated an unclaimed property audit of Plains All American [...]Read more