MoneyGram Special Master Swaps Stance After SCOTUS Argument (1)

The judge tasked with handling a dispute between Delaware and 30 other states over hundreds of millions in unclaimed funds from MoneyGram wants to change his recommendation after arguments at the US Supreme Court. His new position favors Delaware instead of the other states.

The justices heard arguments Oct. 3 about whether to accept the July 2021 recommendation by US Court of Appeals for the Second Circuit Senior Judge Pierre Leval that what MoneyGram calls “official checks” are covered by the 1974 Disposition of Abandoned Money Orders and Traveler’s Checks Act. Under that reading, any unclaimed funds would be returned ...