Friday, September 02, 2011

Eighth Circuit -- Wells Fargo Bank, N.A. v. WMR e-PIN, LLC

 For purposes of diversity jurisdiction, a national bank is a citizen only of the home state where its main office is located.  

Injunctive relief by arbitrator was kosher.

In a trade secrets arbitration, inquiry into patent inventions is permissible.

Abuse of discretion in not amending injunction to remove prohibitions on use of ideas which became public-domain during the pendency of the action.

Dissent: Principal place of business, not head office governs.

Wells Fargo Bank, N.A. v. WMR e-PIN, LLC
Compiled by D.E. Frydrychowski, who is, not incidentally, not giving you legal advice.

Category tags above are sporadically maintained Do not rely. Do not rely. Do not rely.

Author's SSRN page here.