Washington Sample Letter for Interpleader Action
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How to fill out Sample Letter For Interpleader Action?
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FAQ
There are two specific types of interpleader actions in the United States federal courts. Statutory Interpleader governed by 28 U.S.C. § 1335, and Rule Interpleader established by Federal Rules of Civil Procedure 22.
The essence of interpleader is to remove a party who has no real stake in the outcome of a struggle for an asset held by the party. It allows all the other claimants to have a forum in which to argue the matter without wasting the time and money of the uninterested party.
Because interpleader is an equitable action, traditional equitable defenses should apply, including laches, estoppel, waiver, and unclean hands.
(1) By a Plaintiff. Persons with claims that may expose a plaintiff to double or multiple liability may be joined as defendants and required to interplead.
By bringing an interpleader action, a stakeholder can have claimants litigate among themselves, determine which claimants have a rightful claim to the property, and avoid multiple liability. For example, A holds one million dollars. B and C each claim to be the sole owner of the money that A possesses.
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.
Interpleader procedure may be used in situations where, for example, a life insurance company receives multiple suits regarding a deceased individual's life insurance benefits.
Interpleader occurs when a third party enters into a lawsuit, usually to determine that party's rights with regard to property at issue in the lawsuit. Intervention: Intervention is the process by which a third party is allowed to join a lawsuit.