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Jurisdiction – Foreign corporation

By: Derek Hawkins//July 5, 2017//

Jurisdiction – Foreign corporation

By: Derek Hawkins//July 5, 2017//

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WI Supreme Court

Case Name: The Segregated Account of Ambac Assurance Corporation, et al., v. Countrywide Home Loans, Inc.,

Case No.: 2017 WI 71

Focus: Jurisdiction – Foreign corporation

This case implicates the authority of Wisconsin courts to exercise general jurisdiction over a foreign corporation. Countrywide Home Loans, Inc. petitioned this court for review of an unpublished decision of the court of appeals, which held that Countrywide consented to general personal jurisdiction in Wisconsin when it appointed a registered agent pursuant to Wis. Stat. § 180.1507 (2015-16). Because the text of § 180.1507 does not even mention jurisdiction, much less consent, Countrywide’s compliance with the statute does not, on its own, confer jurisdiction. We therefore hold that compliance with § 180.1507 does not subject Countrywide to general jurisdiction in Wisconsin; accordingly, we reverse the decision of the court of appeals and remand the matter to the court of appeals for further proceedings consistent with this opinion.

Reversed and remanded

Dissent: A.W. Bradley, Abrahamson

Concurring:

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Attorney Derek A. Hawkins is the managing partner at Hawkins Law Offices LLC, where he heads up the firm’s startup law practice. He specializes in business formation, corporate governance, intellectual property protection, private equity and venture capital funding and mergers & acquisitions. Check out the website at www.hawkins-lawoffices.com or contact them at 262-737-8825.

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