Tamam v. Fransabank Sal

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• noting that U.S. dollars are widely used in Lebanon, and that ʺLebanese banks generally acquire U.S. currency either through the Central Bank of Lebanon clearinghouse or through correspondent banking relationships in other countriesʺ
• finding no substantial relationship exists between Hizbollah’s 2006 missile attacks and Lebanese banks’ use of correspondent account for U.S. dollar transactions of customers that allegedly were fronts for Hizbollah.
• rejecting specific personal jurisdiction despite correspondent banking activity because the complaint did not allege that any of the defendants transferred money through the correspondent accounts
• denying discovery where, “[i]n a footnote, Plaintiffs suggest that, although unnecessary, they may be entitled to jurisdictional discovery”
• “[MJerely maintaining a New York correspondent bank account is insufficient to subject a foreign bank to personal jurisdiction.”

Source: CourtListener parenthetical corpus (CC0).