By Mark Dallas
A and B meet in a hotel lobby to discuss business. A sells B $10,000,000
worth of securities in violation of the Federal SEA. A and B leave. In
the parking lot B gets into his monster truck "Bigfoot". A drives a
Mercedes worth $60,000. Unknown to B, he drives over A's car in the
parking lot, crushing the car but A is not injured. C had a suitcase in
A's trunk that was damaged, contents worth $2,000. D, the owner of the
hotel, incurs a loss of $10,000 as a result of A's burning cigarette he
left in the lobboy.
If A and B are citizens of different states:
1. B sue A under the SEA in Fed ct. May/must A assert his claim against
B for damage to A's car?
2. If A counter claims, may/must C join?
3. In any suit between A and B, may/must D join?
If A, B, C, D are all citizens of the same state, reconsider the above
questions. Any difference?
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