[DOWNLOAD] "A. I. Trade Finance Inc. v. Petra Bank" by United States Court of Appeals for the Second Circuit " Book PDF Kindle ePub Free
eBook details
- Title: A. I. Trade Finance Inc. v. Petra Bank
- Author : United States Court of Appeals for the Second Circuit
- Release Date : January 15, 1993
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 68 KB
Description
JACOBS, Circuit Judge : A New York trade financing firm appeals from a judgment of the United States District Court for the Southern District of New York (Keenan, J.), dismissing for lack of personal jurisdiction its claim against a Jordanian bank. The bank allegedly dishonored its guaranty on a promissory note payable in New York to the financing firm. Since the guaranty is a contract to perform financial services in New York, the breach of which affords jurisdiction under New York's long-arm statute, and since due process requirements are satisfied on the present record, a prima facie showing of personal jurisdiction has been made. The judgment of the district court is therefore reversed and the case is remanded for further proceedings consistent with this opinion.