Personal Jurisdiction. District court holds that the use of a correspondent bank account provides a sufficient basis to exercise personal jurisdiction over a foreign bank.

Date

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Location
USA
Firm
Baker McKenzie
Tags
USA
New York
Banking
Insolvency & Restructuring
Litigation
Baker McKenzie
Bankruptcy
Unsecured debt
Security (finance)
Personal jurisdiction
Debt
Due process
Second Circuit
United States bankruptcy court
US District Court for SDNY