In addition, Pennsylvania has an interest in this dispute, as Schnader's principal place of business is located here. The court finds that the assertion of personal jurisdiction over Basic Capital LP will not offend traditional notions of fair play and substantial justice. An appropriate Order follows. Specifically, Basic Capital asserts that Schnader's clients were Basic U.S. REIT, Inc. U.S. REIT is a Maryland corporation.
Advisors is a Delaware corporation.
Both corporations are no longer in good standing. Basic Capital LP is an Ontario limited partnership. Its general partner is Basic Capital, an Ontario corporation. Ronald Bernbaum is the president of Basic Capital and made an affidavit on Basic Capital LP's behalf.