Provident National Bank v. California Federal Savings & Loan Ass'n
Court of Appeals for the Third Circuit
1Opinion of the Court
OPINION OF THE COURT
ROSENN, Circuit Judge.
This appeal in a diversity action between two large financial institutions, each having headquarters in opposite sections of the country, raises a not uncommon question of how much contact a modern lending institution must have within the forum state to confer in personam jurisdiction. The United States District Court held in the instant case that California Federal Savings & Loan Association (California Federal) had sufficient “continuous and systematic general business contacts” within Pennsylvania to confer personal jurisdiction over an action…
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