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Mary Bleick v. Sheryl Maxfield - Unclaimed Funds Act Appeal

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Filed March 10th, 2026
Detected March 11th, 2026
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Summary

The Sixth Circuit Court of Appeals affirmed a lower court's decision denying a preliminary injunction to prevent the transfer of unclaimed funds to the state of Ohio. The ruling upholds Ohio's Unclaimed Funds Act, which allows funds held for ten years or more to escheat to the state.

What changed

The Sixth Circuit Court of Appeals affirmed the district court's denial of a preliminary injunction, upholding Ohio's Unclaimed Funds Act. The plaintiffs sought to prevent the transfer of unclaimed funds from Ohio's Unclaimed Funds Trust Fund to the state itself. The court's decision means that funds held in the Trust Fund for ten years or more, as per Ohio House Bill 96, will continue to escheat to the state.

This ruling impacts entities holding unclaimed funds in Ohio, confirming the state's authority to claim funds that have remained unclaimed for an extended period. While the decision itself does not impose new immediate compliance actions, it reinforces the existing framework of Ohio's Unclaimed Funds Act. Regulated entities should ensure their internal policies and procedures align with the state's escheatment laws, particularly concerning the ten-year dormancy period for funds to be transferred to the state.

What to do next

  1. Review Ohio's Unclaimed Funds Act and House Bill 96 for specific escheatment timelines and requirements.
  2. Ensure internal policies for handling and reporting unclaimed funds are up-to-date with Ohio's regulations.
  3. Verify that notification procedures for owners of unclaimed funds meet statutory requirements.

Source document (simplified)

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March 10, 2026 Get Citation Alerts Download PDF Add Note

Mary Bleick v. Sheryl Maxfield

Court of Appeals for the Sixth Circuit

Combined Opinion

RECOMMENDED FOR PUBLICATION
Pursuant to Sixth Circuit I.O.P. 32.1(b)
File Name: 26a0075p.06

UNITED STATES COURT OF APPEALS
FOR THE SIXTH CIRCUIT


MARY BLEICK; TODD BUTLER; ALLEN SKIERSKI; GARY

PETRIME,

Plaintiffs-Appellants, > No. 25-3978


v. │

SHERYL MAXFIELD; AKIL HARDY; ROBERT SPRAGUE; │
JOY BLEDSOE, │
Defendants-Appellees. │

Appeal from the United States District Court for the Southern District of Ohio at Columbus.
No. 2:25-cv-01140—Edmund A. Sargus, Jr., District Judge.

Argued: Decided and Filed: March 10, 2026

Before: BOGGS, SILER, and KETHLEDGE, Circuit Judges.


COUNSEL

ON BRIEF: William W. Palmer, PALMER LAW GROUP, PLC, Los Angeles, California,
Jeffrey A. Crossman, Marc E. Dann, DANNLAW, Lakewood, Ohio, for Appellants. Aneca E.
Lasley, ICE MILLER LLP, Columbus, Ohio, Joshua A. Klarfeld, ICE MILLER LLP, Cleveland,
Ohio, for Appellees.


OPINION


KETHLEDGE, Circuit Judge. Plaintiffs Mary Bleick, Todd Butler, Allen Skierski, and
Gary Petrime appeal the district court’s denial of a preliminary injunction to prevent the transfer
of ownership of funds from Ohio’s Unclaimed Funds Trust Fund to the state itself. We reject
their arguments and affirm.
No. 25-3978 Bleick, et al. v. Maxfield, et al. Page 2

Ohio’s Unclaimed Funds Act requires entities holding certain funds—including bank
accounts, certificates of deposit, insurance proceeds, dividends, rent deposits, and other
accounts—to deposit the funds into Ohio’s Unclaimed Funds Trust Fund if the funds have been
“unclaimed” for a prescribed period, typically five years. Ohio Rev. Code §§ 169.02, 169.05.
Entities holding such funds (“holders”) must report them to Ohio’s Division of Unclaimed Funds
each year. Id. § 169.03. If the funds total $50 or more, holders must notify their last known
owner that “the funds will, thirty days after the mailing of the notice, be reported as unclaimed
funds.” Id. § 169.03(E).

Each year, the Director of Commerce publishes an annual notice of unclaimed funds in
all 88 Ohio counties, listing the names and last known addresses of the owners of unclaimed
funds. Id. § 169.06(A), (B). The Director also posts notice to that effect on the Division’s
website. Id. § 169.06(D); see https://unclaimedfunds.ohio.gov/.

In June 2025, Governor Mike DeWine signed Ohio’s House Bill 96, which amended the
Act to provide that funds held in the Trust Fund for ten years or more shall escheat to the state.
Id. § 169.08(I). Funds deposited in the Trust Fund before January 1, 2016, would escheat on
January 1, 2026; funds deposited in the Fund after January 1, 2016, would escheat ten years after
deposit. Even after funds escheat, however, owners have another ten years to “file a claim for
payment of an equivalent amount” of the escheated funds, “together with interest earned by the
state . . . less any expenses and costs incurred by the state in securing full title and ownership of
the unclaimed funds.” Id. § 169.08(I)(3)(b). Thus, owners of funds that escheated on January 1
of this year can seek recovery of those funds “at any time on or before January 1, 2036.” Id.

The plaintiffs allege that they own funds that were subject to escheatment on January 1 of
this year. In October 2025, they sued several Ohio officials charged with implementing this
regime, claiming that the regime violates the Takings Clause of the Fifth Amendment, the Due
Process Clause of the Fourteenth Amendment, and various Ohio laws. The plaintiffs also moved
for a preliminary injunction to prevent the escheatment of their funds, arguing that the Act
provides them insufficient notice before their property escheats. (Why the plaintiffs did not
simply claim their funds by the means provided in the statute, see id., the complaint does not
say.) The district court denied relief, holding that the plaintiffs had not shown any irreparable
No. 25-3978 Bleick, et al. v. Maxfield, et al. Page 3

harm from the escheatment of their funds.

We review the court’s denial of injunctive relief for an abuse of discretion. Certified
Restoration Dry Cleaning Network, L.L.C. v. Tenke Corp., 511 F.3d 535, 540-41 (6th Cir. 2007).
Courts may grant a preliminary injunction “only if the plaintiffs present ‘a clear showing’ that
they are likely to prevail on the merits, that they face irreparable harm without an injunction, that
the balance of equities favors them, and that the public interest supports an injunction.” L. W. by
& through Williams v. Skrmetti, 83 F.4th 460, 471 (6th Cir. 2023).

We begin and end with the absence of any irreparable harm. At issue in this case is only
money. The effect of escheatment is to transfer “[a]ll property rights, legal title to, and
ownership of” the monies at issue to the state itself. Ohio Rev. Code § 169.08(I)(3)(a). The
plaintiffs have fully ten years to claim their funds (with interest, but less expenses) from the
state. Id. § 169.08(I)(3)(b). The plaintiffs have barely attempted to show that they cannot
recover their monies by that means, offering little more than bare assertions that the state
“refus[ed] to reconcile obvious clerical errors in the holder’s report.” R. 20-3, PageID 296. Nor
have they shown that—if they were to prevail on the merits of their takings claim (or due-process
claim, for that matter), and to sue an appropriate defendant—they could not obtain a money
judgment to make them whole. Thus, the plaintiffs have ways other than injunctive relief to
obtain the compensation they seek here. And the Supreme Court has made clear that, “[s]o long
as the property owner has some way to obtain compensation after the fact, governments need not
fear that courts will enjoin their activities.” Knick v. Twp. of Scott, 588 U.S. 180, 185 (2019).

The plaintiffs counter that—under Cedar Point Nursery v. Hassid, 594 U.S. 139 (2021)—
injunctive relief (in the plaintiffs’ words) “is available to prevent a future per se taking.” Br. at
13. But in Cedar Point, the Court held only that the defendants had effected a taking, not that
the plaintiffs were entitled to a particular remedy. See id. at 162; and id. at 179 (Breyer, J.,
dissenting) (“I touch briefly on remedies, which the majority does not address”). Meanwhile, the
harm in Cedar Point—a physical trespass upon the plaintiffs’ facility, in violation of their “right
to exclude”—is patently harder to remedy, post hoc, than is a wrongful transfer of money.

The plaintiffs have made no showing whatever that a preliminary injunction, during the
No. 25-3978 Bleick, et al. v. Maxfield, et al. Page 4

pendency of this suit, is necessary to make them whole in the event they ultimately prevail on the
merits of their takings claim. In this case, rather, the Supreme Court’s holding in Knick applies
by its plain terms.

Nor can the plaintiffs show irreparable harm from the state’s alleged violations of their
due-process rights. The plaintiffs contend the Act provides insufficient notice to property
owners that their funds are subject to escheatment. But they had actual notice, including from
their own review of Ohio’s unclaimed-funds website, that the state held certain of their funds.
This apprised them of “the pendency of the [escheatment] and afford[ed] them an opportunity to
present their objections,” which remedied any harm from the Act’s allegedly unlawful notice
provisions. Keene Grp., Inc. v. City of Cincinnati, Ohio, 998 F.3d 306, 312 (6th Cir. 2021). The
plaintiffs gesture toward “other property in Ohio that is subject to turnover and/or seizure under
Ohio’s unclaimed property regime,” but do not identify any such property specifically. Thus,
they have not shown a “likelihood” of irreparable harm. Winter v. Nat. Res. Def. Council, Inc.,
555 U.S. 7, 22 (2008).

The district court’s December 9, 2025 Order is affirmed.

Source

Analysis generated by AI. Source diff and links are from the original.

Classification

Agency
Federal and State Courts
Filed
March 10th, 2026
Instrument
Enforcement
Legal weight
Binding
Stage
Final
Change scope
Substantive

Who this affects

Applies to
Banks Insurers Financial advisers
Geographic scope
State (Ohio)

Taxonomy

Primary area
Consumer Protection
Operational domain
Legal
Topics
State Finance Property Law

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