West Virginia Joins Suit Against Delaware
Twenty-one states including West Virginia on Thursday sought to take more than $150 million in uncashed money orders from Delaware, where more than 1 million businesses take advantage of friendly incorporating laws and unclaimed financial property is a major source of state revenue. The states are filing a lawsuit before the U.S. Supreme Court over an escalating dispute involving uncashed money orders from Dallas-based MoneyGram, which has been submitting unclaimed money to Delaware.