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Mississippi Interpleader Form

Mississippi Interpleader Form

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in this video we will discuss inter pleer we'll look at interpeter in the federal courts and here's a reminder you should look at Federal rule of civil procedure 22 and also a statute 28 USC 1335 but in general interpeter means that a party that is facing competing Claims can cause those other parties with the competing claims to litigate against each other in court so let's say we have a bank that has some gold in its faults and Mr Donald claims that the gold belongs to him but Mr duck claims that the gold is his the bank has a problem if the bank gives the gold to Mr Donald the bank might be liable to Mr duck but if the bank gives the gold to Mr duck Mr Donald will sue here comes the interpeter action the bank will sue as an interpeter plaintiff against Mr Donald and Mr duck as the interpeter defendants now the bank is asking a court to decide who owns the gold the bank is saying yes we have possession of the gold but the gold doesn't belong to the ban

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