Archive for August 2017

The Wall Street Journal  recently highlighted a major unclaimed property case with implications around the nation. The article addresses pending litigation regarding Delaware’s sale of stocks owned by two foreign investors.  Delaware escheated the stock and liquidated it without notifying its owners, Dr. Gilles Gosselin and Dr. Jean Louis Imbach. Both doctors alleged that the state…

Jennifer Borden recently penned an article that appeared on the cover of the July 2017 STA Newsletter discussing the need for advocacy on behalf of both consumers and holders as states begin to introduce their own versions of the Revised Uniform Unclaimed Property Act. Borden was an Official Observer to the Uniform Law Commission’s Drafting Committee focusing…