Interpleading
/ˌɪntərˈpliːdɪŋ/
Definitions
- (n.) A procedural legal method allowing a party holding property or money claimable by two or more other parties to initiate a lawsuit to have the conflicting claimants litigate their rights among themselves.
The stakeholder filed for interpleading to avoid liability among the competing claimants.
Forms
- interpleadings
Related terms
See also
Commentary
Interpleading is chiefly procedural and useful for avoiding multiple liabilities by resolving claims between adverse parties in a single action.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.