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An interpleader is a civil action filed by a stakeholder, often a life insurance company, that is facing competing claims over benefits that are due.
What does it mean to Interplead funds?
Interpleader is defined as an equitable remedy now governed by statute, whereby a holder of money such as an escrow deposits funds or property with the Court.
What is a Rule 81 summons in Mississippi?
Rule 81 requires use of a special summons which commands that the defendant appear and defend at a specific time and place set by order of the court and informs him or her that no answer is necessary.
How long does a defendant have to answer a complaint in Mississippi?
Overview of Responding to a State Complaint. 1. When must a defendant respond to the complaint? In Mississippi, a defendant must answer or otherwise respond within 30 days of being served with a summons and complaint (Miss.
What is the purpose of interpleader?
A way for a holder of property to initiate a suit between two or more claimants to the property. If, for example, A holds property that he knows he does not own, but that both B and C are claiming, A can sue both B and C in an interpleader action, where B and C could litigate who actually owns the property.
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An equitable proceeding brought by a third person to have a court determine the ownership rights of rival claimants to the same money or property that is held by that third person. Interpleader is a form of equitable relief.
What does interpleader mean in real estate?
Interpleader is defined as an equitable remedy now governed by statute, whereby a holder of money such as an escrow deposits funds or property with the Court.
What is an interpleader in federal court?
A way for a holder of property to initiate a suit between two or more claimants to the property. If, for example, A holds property that he knows he does not own, but that both B and C are claiming, A can sue both B and C in an interpleader action, where B and C could litigate who actually owns the property.
Who files an interpleader?
An interpleader is a civil action filed by a stakeholder, often a life insurance company, that is facing competing claims over benefits that are due.
Are Impleader and interpleader the same?
Impleader is available only to defendants, not plaintiffs, unlike the similar interpleader action. Plaintiffs may however implead when a defendant counterclaims, because the plaintiffs is then the counter defendant.
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