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Tenn. S. Ct. Examines Jurisdiction Over Non-Resident Defendants

The Tennessee Supreme Court released a December 14 decision reviewing personal jurisdiction over non-resident defendants. First Community Bank, NA v. First Tennessee Bank, NA, No. 2012-01422-SC-R110CV (Tenn. Dec. 14, 2015). The case involved a Virginia bank's securities claims against a host of defendants, among them a couple Tennessee-resident firms and three non-resident Ratings Agencies having rated various collateralized-debt-obligation securities - some of which had Tennessee securities as a small portion of their underlying portfolio assets. The trial and ...

Posted in: Tennessee
Tags: burr forman, conspiracy jurisdiction, General jurisdiction, Jurisdictional discovery, securities litigation, Securities Litigation & Arbitration, Specific jurisdiction, Tennessee, Tennessee Supreme Court
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