TRAVELERS EXPRESS CO., INC. v. CORY

No. 80-5121.

664 F.2d 763 (1981)

TRAVELERS EXPRESS COMPANY, INC., a corporation, Plaintiff-Appellant, v. Kenneth CORY, Controller of the State of California, Defendant-Appellee.

United States Court of Appeals, Ninth Circuit.

Decided December 21, 1981.


Attorney(s) appearing for the Case

Franklin H. Wilson, McCutchen, Black, Verleger & Shea, Los Angeles, Cal., for plaintiff-appellant.

Yeoryios C. Apallas, Deputy Atty. Gen., San Francisco, Cal., argued for defendant-appellee.

David J. Epstein, Los Angeles, Cal., for amicus curiae State of Ill., Commonwealth of Mass., State of Mont., State of Neb., State of R. I., State of Wash. and State of Wis.

William Alsup, Morrison & Foerster, San Francisco, Cal., for amicus curiae Crocker National Bank.

Before SNEED, KENNEDY and SKOPIL, Circuit Judges.


SNEED, Circuit Judge:

This appeal raises the question whether either the defense of statute of limitations or equitable estoppel bars the California Controller's suit to recover unclaimed property under the Uniform Disposition of Unclaimed Property Act, California Code of Civil Procedure §§ 1500-1527 (West & West Supp.1981), also known as the Unclaimed Property Law (UPL).1 The suit grows out of a long running battle between...

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