Interpleader Flashcards

1
Q

Interpleader definition

A

Person in possession of property subject to multiple claims can bring all claimants into the same action.

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2
Q

Statutory Interpleader

A

SMJ:
(1) minimal diversity among claimants (at least one C is from a different state) and

(2) AIC greater than OR EQUAL TO $500.

Venue: any district where a claimant resides

PJ: nationwide PJ/SOP (just need minimum contacts with U.S.)

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3
Q

Rule Interpleader

A

Rule 22

SMJ: (normal standard)

(1) Complete diversity
(2) AIC greater than $75k

Venue: regular venue

PJ: regular PJ

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