Attorneys Work Toward Settlement in Abandoned Property Lawsuit - WBOC-TV 16, Delmarvas News Leader, FOX 21 -

Attorneys Work Toward Settlement in Abandoned Property Lawsuit

Posted:

DOVER, Del. – Attorneys involved with a lawsuit challenging an abandoned property claim in Delaware say they're working out a settlement.  

Attorneys say they're close to settling the lawsuit filed by a Pennsylvania-based hospital, and have asked the judge in the case to cancel a hearing scheduled for Thursday.

Delaware officials sent a letter to Select Medical Corp. back in March, giving the company 30 days to pay for unclaimed accounts payable.

The company says Delaware's claim violates its due process rights and the commerce clause of the U.S. Constitution.

Abandoned property is a major revenue source for Delaware. It brings in more than a half-billion dollars.  

Powered by WorldNow

All content © Copyright 2000 - 2014 Worldnow and WBOC. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service