First National Bank v. El Camino Resources, Ltd.

MEMORANDUM OPINION AND ORDER

GUZMAN, District Judge.

First National Bank (“FNB”) has sued El Camino Resources, Ltd. (“El Camino”) for breach of a security agreement and default of a loan. Before the Court is El Camino’s motion to dismiss for lack of personal jurisdiction pursuant to Federal Rules of Civil Procedure 12(b)(2) and (3), or, in the alternative, to transfer the action pursuant to 28 U.S.C. § 1404(a). For the reasons set forth below, the Court denies both motions.

Facts

FNB is a nationally chartered bank with its principal place of business in Illinois. (Comply 1.) El Camino is a…