Catholic Order of Foresters v. U.S. Bancorp Piper Jaffray, Inc.

MEMORANDUM OPINION AND ORDER REGARDING THE MOTION TO DISMISS BY THE “CREST-LAND DEFENDANTS”

BENNETT, Chief Judge.

TABLE OF CONTENTS

I. INTRODUCTION.1151

II.LEGAL ANALYSIS.'.1153

A. Improper Venue.1153

1. Arguments of the parties .1153

2. Applicable standards.1154

a. Rule 12(b)(3) .1154

b. Venue statutes.1154

/. The “general” venue statute .1154

ii. The “special” venue statute for federal securities claims.... 1155

3. Analgsis .1157

B. Failure To State A Claim .1158

1. Arguments of the parties .1158

2. Applicable standards.1159

3. Analysis.1160

a. The automatic stay in bankruptcy.1160

b. Scope of Crestland…