DOVER, Del. (AP) - A federal judge has put a high-stakes lawsuit challenging Delaware's unclaimed-property laws on hold pending a state court ruling on the validity of an unprecedented subpoena at the heart of the case.
Illinois-based chemical supplier Univar filed the lawsuit last year after state officials issued a subpoena demanding a host of internal company financial records as they seek to conduct an unclaimed property audit.
The case marked the first time the state has issued such a subpoena, which was authorized under a 2017 overhaul of Delaware's abandoned property laws.
The judge last week dismissed many of Univar's claims as premature but said it could proceed on due process and equal protection claims.
She put the case on hold, however, until a Chancery Court judge decides whether to enforce the subpoena.