Ingersoll-Rand Financial Corp. v. Callison
Court of Appeals for the Third Circuit
1Opinion of the Court
OPINION OF THE COURT
MANSMANN, Circuit Judge.
In this appeal we review the district court’s decision to dismiss Ingersoll-Rand Financial Corporation’s diversity action to collect on a promissory note. The action was dismissed in favor of a state court action, in which the federal defendant is the plaintiff, demanding cancellation of the note for violation of state and federal securities laws. We find that forcing the state plaintiff to litigate his securities claims in two forums, albeit as a defense in federal court to liability on the note, would interfere with the congressional mandate that…
2Cases cited10 opinions
- Younger v. HarrisSupreme Court of the United States · 1971
- Moses H. Cone Memorial Hospital v. Mercury Construction Corp.Supreme Court of the United States · 1983
- Colorado River Water Conservation District v. United StatesSupreme Court of the United States · 1976
- Railroad Comm'n of Tex. v. Pullman Co.Supreme Court of the United States · 1941
- Burford v. Sun Oil Co.Supreme Court of the United States · 1943
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- Ernest Bock, LLC v. Paul SteelmanCourt of Appeals for the Ninth Circuit · 2023
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