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AMERICAN EXP. TRAVEL v. SIDAMON-ERISTOFF

No. 10-4328.

669 F.3d 359 (2012)

AMERICAN EXPRESS TRAVEL RELATED SERVICES, INC., Appellant v. Andrew P. SIDAMON-ERISTOFF, as Treasurer of the State of New Jersey; Steven R. Harris, as Administrator of Unclaimed Property of the State of New Jersey.

United States Court of Appeals, Third Circuit.

Filed: January 5, 2012.

Attorney(s) appearing for the Case

Philip R. Sellinger (Argued), Louis Smith , Greenberg Traurig , Florham Park, NJ, Richard M. Zuckerman (Argued), SNR Denton US, New York, NY, for Appellant.

Robert T. Lougy (Argued), Gregory A. Spellmeyer , Office of Attorney General of New Jersey, Trenton, NJ, for Appellees.

Before: SCIRICA, SMITH and FISHER, Circuit Judges.

OPINION OF THE COURT

FISHER, Circuit Judge.

American Express Travel Related Services ("Amex") challenges the constitutionality of 2010 N.J. Laws Chapter 25 ("Chapter 25"), which amended New Jersey's unclaimed property statute, N.J. Stat. Ann. § 46:30B (2002), and retroactively reduced the period after which travelers checks are presumed abandoned from fifteen years to three years.1 Amex filed a motion for preliminary injunction...

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