Jamie Ryan retained as expert in Delaware qui tam case

Jamie Ryan has recently been retained by the Defendants in Delaware v. Card Compliant, LLC, et al, which is a Delaware qui tam action challenging the legality of using gift card subsidiaries to reduce or eliminate unclaimed property exposure for Delaware-domiciled retailers. 

Jamie has been retained as an expert witness in the case and Jameel will serve as litigation support. The case is noteworthy because of the hundreds of millions of dollars in unredeemed gift card balances at issue as well as its potential to finally settle the question of whether the creation of a gift card subsidiary to avoid unclaimed property liability under Delaware law constitutes fraud.