The plaintiff in a sheriff’s sale interpleader action does not have to post bond in order to maintain a claim for the proceeds of the sheriff’s sale, the state Superior Court has ruled.
In reversing an Allegheny County Court of Common Pleas judge, the frontline appeals court ruled in Sysco v. FW Chocolatier that Three Rivers Confections didn’t have to post a bond to protect its stake in the assets up for sale because Pennsylvania Rule of Civil Procedure 3207 provides for an interpleader action to continue even if the plaintiff ends up buying its alleged property at the sheriff’s sale.
