Legal Opinion

Homestead Savings v. Ozark Financial Corp.

District Court, S.D. Florida

Decided October 28, 1988No. 87-2322-Civ-JLKPublishedCited by 3 opinions

1Opinion of the Court

ORDER DENYING MOTIONS TO DISMISS AND STRIKING DEMAND FOR PUNITIVE DAMAGES IN CROSSCLAIM

JAMES LAWRENCE KING, Chief Judge.

The Horizon Financial Corporation has filed two motions to -dismiss. Both the motion to dismiss the plaintiff’s complaint and the motion to dismiss the crossclaim of Fernandez present a complexing personal jurisdiction problem: Whether a non-resident bank establishes minimum contacts with the forum by entering into a mortgage repurchase agreement with a resident bank and other non-resident banks. After conducting a thorough review of the entire record, the court finds that…

2Cases cited15 opinions

  1. International Shoe Co. v. WashingtonSupreme Court of the United States · 1945
  2. Burger King Corp. v. RudzewiczSupreme Court of the United States · 1985
  3. World-Wide Volkswagen Corp. v. WoodsonSupreme Court of the United States · 1980
  4. Helicopteros Nacionales De Colombia, S. A. v. HallSupreme Court of the United States · 1984
  5. McGee v. International Life InsuranceSupreme Court of the United States · 1957

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3Cited by3 opinions

  1. Inter-Americas Ins. Corp., Inc. v. Xycor Systems, Inc.District Court, D. Kansas · 1991
  2. Banco Latino International v. Amazonas International Bank, Ltd. (In Re Banco Latino International)United States Bankruptcy Court, S.D. Florida. · 1994
  3. McCarter v. Bigfoot Industries, Inc.District Court of Appeal of Florida · 2001

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