CDQ Wins Summary Judgment in Interpleader Action

Representing an Arizona law firm, CDQ’s Dan Dowd, Neil Stuart and Cole Kubosumi obtained summary judgment in a hotly-contested interpleader action.  The Ruling ordered the immediate release of $771,000 held by the Clerk of Court to CDQ’s client.  The $771,000 was interpleaded into the Clerk of Court by the law firm’s bank after the then-current employees attempted to withdraw the funds from the law firm’s bank account based on disputed claims for unpaid compensation and related legal theories.  Both the law firm and the now-former employees filed competing claims to the funds.  Adopting CDQ’s position in its entirety, the Court granted summary judgment to the law firm.