Gift Card Alert—Delaware Rewrites Its Unclaimed Property Law

Retail Did You Know?

February 10, 2017

After a federal court dealt a significant blow to Delaware’s unclaimed property law in June 2016, Delaware responded by entirely rewriting its unclaimed property law. This edition of Morgan Lewis Retail Did You Know? describes the requirements of the new law and details some of the significant ways it may impact retailers, particularly with respect to gift card programs.