Banco Espanol De Credito v. Pierre S. Du Pont

By Supreme Court of New York

Release Date: 1965-06-29
Genre: Law

Description

Orders, entered March 4, 1965, denying two motions by defendant to dismiss the actions for lack of jurisdiction over the person of defendant, affirmed, with $30 costs and disbursements to plaintiff-respondent. Du Pont is a special partner of two limited partnerships existing under the laws of New York. The notes which are the subject of the actions were executed by Du Pont as accommodation indorser to make available his credit in the production of motion pictures which constituted the enterprise or the business of the limited partnerships. Hence, the notes arise from transactions within the State of New York thereby subjecting Du Pont to the jurisdiction of the courts of this State. (Longines-Wittnauer Watch Co. v. Barnes & Reinecke, 15 N.Y.2d 443.) Eager and Steuer, JJ., dissent in the following memorandum:

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