Declaratory Judgment Lawsuit Against Licensed Property Location Service Dismissed.
We obtained a dismissal of a declaratory judgment action against our clients, a national firm and its principal, who specialize in identifying and reclaiming lost property for consumers, who do not realize such lost property exists. Plaintiff brought this declaratory judgment action on the heels of plaintiff’s having suffered a smarting defeat in an attempted class action lawsuit against our clients. In that underlying litigation, the lower court dismissed plaintiff’s lawsuit twice and the Third Circuit affirmed the lower court’s dismissal.