Professor Kochan Prints Op-Ed on Gift Cards
August 10, 2009
Professor Donald Kochan co-wrote an op-ed in the Los Angeles Daily Journal, entitled “Card Sharks.” The article discusses how some states confiscate remaining balances on unused gift cards under the theories of escheat and abandonment. Kochan stated, “But for state laws to define non-use as abandonment raises serious concerns about the definition of private property, the sanctity of individual choice in their contracts and use of property, and the basic freedom of individual disposition of their assets.”