Tag Archives: Traveler’s Checks

Sixth Circuit Upholds Kentucky’s Shorter Abandonment Period for Traveler’s Checks

The Sixth Circuit issued an opinion yesterday in American Express Travel Related Services Co., Inc. v. Kentucky, Case No. 12-6249, upholding a Kentucky statute which imposes a shorter abandonment period on traveler’s checks. American Express, as the world’s largest issuer of traveler’s checks, sued the Kentucky Treasurer, arguing that this statutory amendment violated the Due Process … Continue Reading

Dust Off Those Traveler’s Checks and Head to the Bank: Sixth Circuit Upholds For Now Kentucky’s Determination of Abandonment After Seven Years

On May, 5, 2011, the Sixth Circuit reversed a decision from the District Court for the Eastern District of Kentucky that had held unconstitutional a Kentucky statute shortening the period after which state law imposes a presumption on abandonment on traveler’s checks. American Express Travel Related Services Company, Inc. v. Commonwealth of Kentucky, et al., No. 09-5898 (6th … Continue Reading