• Delaware Re-Ups Dubious Unclaimed Property Audit Rules
  • April 19, 2017 | Authors: Wilson G. Barmeyer; Phillip E. Stano; Mary Jane Wilson-Bilik
  • Law Firm: Eversheds Sutherland (US) LLP - Washington Office
  • Law360

    Full article


    In last year's Temple-Inland v. Cook decision, a federal district court held that Delaware violated a holder’s constitutional due process rights by issuing an unclaimed property assessment. The Delaware legislature subsequently revised its unclaimed property statute but in their article for Law360, Eversheds Sutherland (US) attorneys Mary Jane Wilson-Bilik, Phillip Stano and Wilson Barmeyer discuss that the state's Department of Finance has now proposed audit rules that are virtually identical to those condemned by the court.