interpleader in a sentence
n.
📚 Grade Level: Grade 9, Grade 10, Grade 11, Grade 12
Definition
Interpleader is a legal procedure that allows a party holding property or money to initiate a lawsuit to compel two or more claimants to resolve their conflicting claims in court.
Crossword clues for interpleader
Crossword clue ideas and answer hints for the word "interpleader".
- Legal process for resolving conflicting claims over property.
- Court procedure for multiple claimants to settle disputes.
- Method for a holder to address competing claims legally.
- Action taken to resolve disputes among claimants in court.
- Lawsuit to determine rightful owner among several claimants.
Interpleader sentence examples
- The court granted an interpleader to resolve the conflicting claims on the prize money.
- In an interpleader action, the stakeholder seeks to bring all interested parties into the dispute.
- The insurance company filed for interpleader to avoid multiple liabilities from competing claims.
- After receiving two claims for the same property, the executor decided to initiate an interpleader.
- Interpleader allows a neutral party to deposit the disputed funds with the court and let the claimants fight it out.