Bank's Failure To Deposit Interpleader Funds With Court Waives Claim For Attorney's Fees
Question: If a bank files an interpleader action and freezes the funds in dispute - but does not deposit them with the court - may this bank still recover its attorney's fees?
Answer: No, according to the Third District Court of Appeal in Wells Fargo Bank, N.A. v. Zinnel, 04 C.D.O.S. 11370 (Dec. 28, 2004).
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