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RESOLUTION TRUST CORP. v. FIRST OF AMERICA BANK

No. SACV 92-244-GLT.

796 F.Supp. 1333 (1992)

RESOLUTION TRUST CORPORATION, as Receiver for Malibu Savings Bank, F.S.B., Plaintiff, v. FIRST OF AMERICA BANK, Defendant.

United States District Court, C.D. California.

July 31, 1992.

Attorney(s) appearing for the Case

Steven C. Morrison, Manfredo E. Lespier, Morrison & Ageson, Irvine, Cal., for plaintiff Resolution Trust Corp. as Receiver for Malibu Sav. Bank, F.S.B.

Howard & Howard Attorneys, P.C., John W. Allen, Kalamazoo, Mich., for defendant.

ORDER DISMISSING PARTY FOR LACK OF JURISDICTION

TAYLOR, District Judge.

This case presents the novel question whether personal jurisdiction exists over a non-forum bank which participated in transactions with a forum bank through a national electronic fund clearinghouse system. The court concludes this is an insufficient "minimum contact," and dismisses the non-forum bank for lack of jurisdiction.

I. BACKGROUND

Defendant First of America...

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