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Gift-Cards Statute of Limitations

Alston & Bird

Illinois General Assembly Stealthily Enacts Version of Revised Uniform Unclaimed Property Act

Alston & Bird on

In an unexpected development, Illinois has adopted a modified version of the 2016 Revised Uniform Unclaimed Property Act (RUUPA) as part of the General Assembly’s effort to enact a state budget. The Illinois Act was added to...more

K&L Gates LLP

Don’t Look a Gift Card in the Mouth: Beware of Liability Under the Electronic Fund Transfers Act

K&L Gates LLP on

Many of us have had a similar experience. We receive a gift card, put it in a “safe” place with other gift cards, and forget it exists. Inevitably, we uncover the gift card and find ourselves asking questions such as: Does...more

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