U.S. Court of Appeals for the 9th Circuit
Mar. 29, 2014
Banks with state roots can keep lawsuits in federal court
National banks can have headquarters in one state and main offices in another, a 9th U.S. Circuit Court of Appeals panel held on Thursday in an opinion involving Wells Fargo Bank N.A.
Daily Journal Staff Writer
National banks can have split personalities, with headquarters in one state and main offices in another, a 9th U.S. Circuit Court of Appeals panel held on Thursday in an opinion separating Wells Fargo Bank N.A.'s California roots from its legal "home" in South Dakota.
The panel held 2-1 that U.S. District Judge Dolly M. Gee of Los Angeles was wrong to send a suit raising state law claims ...
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