Legal Opinion
MidCap Media Finance, L.L.C. v. Pathway Data, Inco
Court of Appeals for the Fifth Circuit
Decided July 9, 2019No. 18-50650PublishedCited by 348 opinions
1Opinion of the Court
ANDREW S. OLDHAM, Circuit Judge:
This appeal involves a contract dispute that pits MidCap Media Finance, L.L.C., *313 against Pathway Data, Inc., and Pathway's CEO, David Coulter. But we cannot reach the merits because the parties have failed to establish diversity of citizenship. We remand to allow the district court to consider additional evidence regarding jurisdiction.
I
MidCap agreed to loan Pathway up to $1.5 million for online advertising under the Media Financing, Security and Assignment Agreement (the "Agreement"). Coulter executed a Guaranty of Repayment (the "Guaranty") that personally…
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