The United States is suing four foreign corporations to recover assets forfeited as part of a plea bargain with a convicted felon who laundered $7 million. The district court initially ruled that it lacked jurisdiction over the defendants, but the case was remanded. The United States subsequently filed a lawsuit against Swiss American Bank and three other defendants for conversion, unjust enrichment, and breach of contract. The lower court dismissed the case for lack of personal jurisdiction. The United States appealed, arguing for jurisdiction under the Massachusetts long-arm statute and Rule 4(k)(2). IMB filed a motion to dismiss the case on the merits, but the court found that the district court's jurisdiction over IMB should be determined before considering the summary judgment motion.
United States v. Swiss American Bank, Ltd. (1999)
United States Court of Appeals for the First Circuit
191 F.3d 30
Learn more about this case at https://www.lsd.law/briefs/view/united-states-v-swiss-american-bank-ltd-126029411
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