This post pertains to the Delaware Abandoned Property Law, and more specifically to a recent lawsuit between DE and CA, Inc. In a stunning turn of events, the State of Delaware and CA, Inc. (“CA”) have settled their litigation pending in the Delaware Court of Chancery. According to the terms of the agreement, CA has […]
Abandoned Property Law (24 articles)
January 2010 was a busy month for state unclaimed property rules. A major trend across many states, which is a hindrance to corporations and holders, is the reduction in dormancy periods. Recent legislative, regulatory and legal developments that occurred during the month of January 2010 in the areas of unclaimed property law and regulation are […]
Escheatment rules by state, and unclaimed property reporting and compliance in general, are constantly changing, as you have probably noticed. The initial thought is that change complicates matters further, and usually it does. But some states, like Idaho, are giving unclaimed property holders what they need – relief from all the rules. Still, many states […]
On October 14th, 2009 a seminar exploring the impact of state escheatment laws will be held by accounting firm Cherry, Bekaert, and Holland (Greater Washington D.C. office) in partnership with the unclaimed property experts at Keane Unclaimed Property.