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Keane's Unclaimed Property Blog

Holder Considerations: Delaware Senate Bill 13

Holder Considerations: Delaware Senate Bill 13

Compliance

As the state of incorporation for many of the country’s largest corporations, Delaware holds a prominent position within the unclaimed property landscape. As such, when Delaware makes changes to its unclaimed property laws, the holder community surely takes notice. Here’s what holders should take away from DE Senate Bill 13.

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Office Depot: Case Dismissed

Office Depot: Case Dismissed

Compliance, Legislative Alerts

The U.S. District Court of Delaware dismissed a July 2016 action brought by Office Depot contending that Delaware’s unclaimed property law was preempted by federal law, citing the trilogy of US Supreme Court cases that established the jurisdictional priority rules.

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