The Michigan Supreme Court recently issued an order denying The Walt Disney Company’s application for leave to appeal the Michigan Court of Appeals August 18, 2025, decision. By denying the appeal, the state high court let stand the appellate court’s ruling that the state’s demand for payment at the end of an audit creates a new, independent legal obligation that is separate from the original duty to report and remit unclaimed property. The result is that the clock restarts when the state issues a demand for payment. This effectively negates companies’ (holders’) statute of limitations-based defenses in Michigan.

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