The United States Supreme Court had an inauspicious gift for the Philippines as the nation celebrated its 110th declaration of independence. Ruling en banc, the court on June 12, 2008 dismissed an action for interpleader filed by Merryl Lynch. An interpleader allows a plaintiff to file a lawsuit in order to compel two or more other parties to litigate a dispute. It is resorted to when the plaintiff holds property on behalf of another, but does not know to whom the property should be transferred.

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