[DOWNLOAD] "Dollar Savings Bank v. First Security Bank of Utah" by United States Court of Appeals for the Third Circuit # Book PDF Kindle ePub Free

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eBook details

• Title: Dollar Savings Bank v. First Security Bank of Utah
• Author : United States Court of Appeals for the Third Circuit
• Release Date : January 17, 1984
• Genre: Law,Books,Professional & Technical,
• Pages : * pages
• Size : 73 KB

Description

In this appeal from a proceeding to foreclose on collateral, the issue is whether a district court has personal jurisdiction over an out of state bank because it has received a loan from a bank in the forum district. We conclude that the minimum contacts required for due process have not been established when the non-resident bank does no more than borrow from and repay a loan to the forum bank by wire transfer. Accordingly, we hold that the district court lacked jurisdiction over defendant.

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