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Solomon: Supreme Court takes on $400M MoneyGram case

2 monthes ago   |   By Boston Herald

On Monday, the first day of oral arguments for the new term, the Supreme Court heard Delaware v. Pennsylvania and Wisconsin, a six-year-old case that pits 30 states versus tiny Delaware in a battle for a massive amount of money.
The central question the Supreme Court is looking at is whether unclaimed MoneyGram checks (these are the MoneyGrams issued by MoneyGram Payment Systems) are actual money orders or not. If they are “money orders” or “similar written instruments,” then, under federal law, unclaimed amounts should go to the states where these MoneyGrams are purchased. If these...
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