We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Court Bars Seizure Of Money Transfers

Law360 (January 10, 2007, 12:00 AM EST) -- A state court has ruled that Arizona has no right to confiscate thousands of Western Union Co. money transfers to Mexico sent from states outside of Arizona.

The decision by Arizona Superior Court in Maricopa County on Tuesday brings some relief to Western Union, which depends on electronic money transfers to Mexico as an integral source of its business. The transfers account for nearly 10% of the Englewood, Colo.-based company’s money transfers.

Western Union, which spun off from First Data Corp. last year, contended that the...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.