A Tennessee Interpleader Warrant is a legal document that is issued by a court to resolve a dispute among two or more parties over certain assets or property. It is a process that allows a stakeholder, such as a bank, to deposit disputed money or other property into the court’s registry to protect their interests and allow the court to adjudicate the dispute. There are two types of Tennessee Interpleader Warrants: an Ex Parte Interpleader Warrant and a Contested Interpleader Warrant. An Ex Parte Interpleader Warrant is issued when the stakeholder is not able to identify or locate any potential claimants and there is no dispute about the stakeholder’s right to possession of the property. A Contested Interpleader Warrant is issued when the stakeholder is able to identify or locate potential claimants and there is a dispute about the stakeholder’s right to possession of the property.
Tennessee Interpleader Warrant
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FAQ
In an interpleader action, a party who knows two or more other parties are making a claim on some asset controlled by the party can ask the court to decide who has what rights to the asset, deposit the asset into the custody of the court or a third party and remove itself from the litigation.
Each copy of a motion shall be accompanied by a memorandum of law and if the motion is based on matters not appearing of record, by affidavits or other evidence in support thereof. Any showing in opposition to a motion, other than a procedural motion, shall be served and filed within 10 days after the motion is filed.
INTERPLEADER. Any property or amount involved as to which the party seeking interpleader admits liability may, upon order of the court, be deposited with the court or otherwise preserved, or secured by bond in amount sufficient to assure payment of the liability admitted.
Interpleader is a civil procedure device that allows a plaintiff or a defendant to initiate a lawsuit in order to compel two or more other parties to litigate a dispute.
P. 33.01. Any party may serve upon any other party written interrogatories to be answered by the party served or, if the party served is a public or private corporation or a partnership or association or governmental agency, by any officer or agent, who shall furnish such information as is available to the party.
In an interpleader action, a party who knows two or more other parties are making a claim on some asset controlled by the party can ask the court to decide who has what rights to the asset, deposit the asset into the custody of the court or a third party and remove itself from the litigation.
Rule 22.01 provides for interpleader of persons having claims against the plaintiff and specifies that it also is available to a defendant by way of cross-claim or counterclaim. Rule 22.02 provides for deposit with the court of any property or amount involved as to which the party seeking interpleader admits liability.