Prior this, the Office of the Executive Secretary issued a memorandum last January 8 approving the request of the PCGG for authority to enter into a settlement agreement of the interpleaded
case pending at the New York District Court.
In response, the fiduciary of the Xerox plans interpleaded
the two parties in the District Court for the Western District of Washington, asking the court to decide the beneficiary.
The court awards husband the interpleaded
funds less attorney fees and costs requested by the life insurance company.
An interpleader allows a stakeholder that "fears the prospect of multiple liability to file suit, deposit the property with the court, and withdraw from the proceedings." (1) Courts typically describe the threshold for bringing such an action this way: "So long as there exists a 'real and reasonable fear of exposure to double liability or the vexation of conflicting claims, jurisdiction in interpleader is not dependent upon the merits of the claims of the parties interpleaded
The RCM interpleaded
Katherine and Robert on the issue of the manuscripts and, subsequently, played no role in the proceedings.
Because it would be important to document the procedure for resolving such disputes and to provide protections to the escrow agent and the closing agent, the exchange agreements proposed that any dispute regarding eligible debt or eligible interest be interpleaded
if it could not be resolved by the parties.
The Roberts also interpleaded
two drafts that had been issued by the tortfeasors' liability insurer that were payable jointly to both the hospital and the Roberts.
[section] 55.205(1), unpaid subcontractors, laborers, materialmen, and/or suppliers may have some legal interest in an interpleaded
res even though they did not have a lien.
(185) Faced with competing claims to the cash he held, the sheriff interpleaded
X and [C.sub.1].
The public owner interpleaded
the funds, and the surety moved for summary judgment, arguing that it was the beneficiary of a constructive trust on the contract funds created by the language of the payment bonds.
The owner-obligee interpleaded
the contract balances into court.
Triborough Bridge Authority,(17) the court held that it was error for the lower court to have denied the surety summary judgment on its claim for the balance of the interpleaded
funds, stating that since the "surety made payments under its bond and became subrogated to the rights of the city, it has a superior right to the funds withheld by the city."