interplead in a sentence
v. i.
📚 Grade Level: Grade 9, Grade 10, Grade 11, Grade 12
Definition
Interplead refers to the legal process by which two or more parties initiate a lawsuit to resolve competing claims over a single fund or property held by a third party.
Sample Sentences
- The parties agreed to interplead over the disputed funds held in escrow.
- In complex litigation, it is often necessary to interplead multiple defendants to resolve their conflicting claims.
- The court will allow the insurance company to interplead the claimants to determine who is entitled to the policy benefits.
- To avoid multiple lawsuits, the plaintiff decided to interplead the various stakeholders involved in the contract dispute.
- After careful consideration, the judge ruled that the case would proceed as an interpleader action to streamline the resolution process.