American Express Travel Related Services, Co. v. Bank One-Dearborn, N.A.

JULIA SMITH GIBBONS, Circuit Judge.

American Express Travel Related Services Company (“Amex”) and Bank OneDearborn, N.A. (“Bank One”) appeal from the district court’s order granting the Federal Reserve Bank of Chicago’s (“FRBC”) motion to dismiss for failure to join an indispensable party under Federal Rule of Civil Procedure 19. As we find that the absent party, Plus International Bank (“Plus”), is not a party “to be joined if feasible,” we reverse the decision of the district court.

I

Over three years ago, Amex drew a check against funds held on deposit in its account at Bank One in Michigan.…