Payless Shoesource, Inc. v. Avalon Funding Corp.
District Court, E.D. New York
1Opinion of the Court
MEMORANDUM OF DECISION AND ORDER
SPATT, District Judge.
Plaintiff Payless Shoesouree, Inc. (“Pay-less”) filed the present interpleader action requesting that the Court determine the disposition of the sum of $224,816.44 that Payless has placed in a court escrow. Payless has deposited this money because it believes it may be claimed by two or more adverse parties. Payless has placed this sum in an escrow account held by the Court. Avalon Funding Corporation (“Avalon”), one of the defendants named by Payless, has moved, in the alternative, to (1) dismiss the present action pursuant to…
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