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US Supreme Court: 04-1186

US Supreme Court: 04-1186

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Published by: Supreme Court on Jan 19, 2008
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IN THE SUPREME COURT OF THE UNITED STATES
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WACHOVIA BANK, NATIONAL :ASSOCIATION, :Petitioner :v. : No. 04-1186DANIEL G. SCHMIDT, III, ET AL. :- - - - - - - - - - - - - - - -XWashington, D.C.Monday, November 28, 2005The above-entitled matter came on for oralargument before the Supreme Court of the United Statesat 11:05 a.m.APPEARANCES:ANDREW L. FREY, ESQ., New York, New York; on behalf ofthe Petitioner.SRI SRINIVASAN, ESQ., Assistant to the SolicitorGeneral, Department of Justice, Washington, D.C.;on behalf of the United States, as amicus curiae,supporting the Petitioner.JAMES R. GILREATH, ESQ., Greenville, South Carolina; onbehalf of the Respondents.
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Alderson Reporting Company1111 14th Street, NW, Suite 400 1-800-FOR-DEPO Washington, DC 20005
 
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C O N T E N T S
ORAL ARGUMENT OF PAGEANDREW L. FREY, ESQ.On behalf of the Petitioner
3SRI SRINIVASAN, ESQ.On behalf of the United States,as amicus curiae, supporting the Petitioner 20
JAMES R. GILREATH, ESQ.
On behalf of the Respondents 32
REBUTTAL ARGUMENT OF
ANDREW L. FREY, ESQ.
On behalf of the Petitioner 52
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Alderson Reporting Company1111 14th Street, NW, Suite 400 1-800-FOR-DEPO Washington, DC 20005
 
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P R O C E E D I N G S(11:05 a.m.)CHIEF JUSTICE ROBERTS: We'll hear argumentnext in Wachovia Bank v. Schmidt.Mr. Frey.ORAL ARGUMENT OF ANDREW L. FREYON BEHALF OF THE PETITIONERMR. FREY: Mr. Chief Justice, and may itplease the Court:The question in this case is whether, forpurposes of Federal diversity jurisdiction, a nationalbank is a citizen of every State where it has a branch,or perhaps where it has any physical presence, or onlya citizen of the State where it was chartered or, ifdifferent, where its main office is located.The question turns on the meaning of the wordlocated in 28 U.S.C. 1348, which states that nationalbanking associations shall be deemed citizens of theStates in which they are respectively located.Now, before turning to the --JUSTICE O'CONNOR: Now, that was enacted, wasit not, in 1887?MR. FREY: That's correct. The law --JUSTICE O'CONNOR: And hasn't the -- the wordhasn't changed --
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Alderson Reporting Company1111 14th Street, NW, Suite 400 1-800-FOR-DEPO Washington, DC 20005

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