ROSS v. FIRST SAVINGS BANK OF ARLINGTON

No. 02-0697.

675 N.W.2d 812 (2004)

Tony ROSS, et al., Appellants, v. Thousand Adventures of Iowa, et al., Defendants, and FIRST SAVINGS BANK OF ARLINGTON, Appellee.

Supreme Court of Iowa.

February 25, 2004.


Attorney(s) appearing for the Case

Douglas H. Napier and William H. Napier, Napier, Wolf & Napier, Fort Madison, for appellants.

Thomas D. Waterman of Lane & Waterman L.L.P., Davenport, and John M. Rogers of Rogers Law Firm, P.L.L.C., Weatherford, Texas, for appellee.

Robert L. Hartwig, Johnston, for amicus curiae Iowa Bankers Association.


CADY, Justice.

This appeal presents the issue whether Iowa courts have personal jurisdiction over a nonresident participant bank to a participation agreement with a nonresident lead bank involving a pool of retail installment contracts, some of which were entered into by the vendor in Iowa with Iowa residents, in an action by the vendees for breach of the installment contracts. The district court determined it did not have...

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