Peterson v. Crown Financial Corp.

SCHATZ, District Judge.

This matter is currently before the Court on defendant’s motion to dismiss for lack of personal jurisdiction (Filing No. 9). The question presented is whether long-arm jurisdiction may be asserted over a non-resident corporation which loaned money to a Nebraska resident when the lending corporation is not otherwise transacting business within the state.

FACTUAL BACKGROUND

Plaintiff owned approximately eleven thousand acres of land in Nebraska as well as all the outstanding stock of a domestic corporation. In 1969, he decided to merge these holdings with the National…