Travelers Indemnity Co. v. Abreem Corp.

The issue we address in this case is whether the Superior Court (Contas, J.) may assert quasi in rem jurisdiction over the defendants when their sole contact with New Hampshire is ownership of real estate here. We hold that the court lacks jurisdiction.

The plaintiff, Travelers Indemnity Company (Travelers), issued performance bonds on the defendants’ behalf. In order to obtain the bonds, the defendants provided Travelers with financial statements, which listed real estate in Salem, New Hampshire, as an asset. The defendants agreed to indemnify Travelers for any claims or expenses for which it…