Interpleader
Disputes & Litigation

A form of civil litigation where a stakeholder holds an asset on behalf of a third party, and commences proceedings for the purpose of resolution of disputes between that party and another party. The proceedings are brought by the stakeholder does not wish to make an election as to who they should pay money to (or deal with some other form of asset), so they approach the court to make a decision as to which party is entitled to the asset and avoid multiple liability.

The stakeholder is disinterested in the result of the civil litigation and thus do not contest or participate in the litigation.