We reverse the trial court's order granting Universal National Bank's motion for strict interpleader, pursuant to Florida Rule of Civil Procedure 1.240, which effectively released Universal National Bank (Universal) from liability to Sea Management Service, Ltd. (SMS).
As SMS correctly points out, interpleader is not appropriate unless four conditions are satisfied:
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.