JPMorgan Chase applies to transfer Trump's lawsuit to the U.S. District Court in New York

PANews February 21st reported that JPMorgan Chase has filed a request with the court to transfer Trump’s lawsuit regarding the closure of his account from Miami to the Federal Court in New York. In the submitted documents, the company stated that Trump and several of his affiliated businesses agreed in writing at the time of account opening that any disputes would be litigated in New York, where the bank’s headquarters is located. JPMorgan Chase also indicated that because the dispute has a predominant connection to New York, transferring the case is in the public interest. According to the documents filed by the bank, the involved accounts were opened in New York, the bankers managing these accounts are based in New York, and the activities that triggered Trump’s lawsuit also took place in New York. Trump filed a lawsuit against the bank and its CEO Jamie Dimon in January of this year, seeking at least $5 billion, accusing the bank of “debanking” him and his companies after his supporters stormed the U.S. Capitol on January 6, 2021.