McLaughlin

Banque Internationale a Luxembourg S.A. (“BIL”) appeals the district court’s orders summarily holding it in contempt 1 and assessing sanctions against it in the amount of $2,680,417.30. BIL argues that the district court had neither subject matter nor personal jurisdiction over it. Because we agree that the district court lacked personal jurisdiction over BIL, we reverse.

BACKGROUND FACTS

Reebok International Limited brought suit against Byron McLaughlin for violations of the Lanham Act in allegedly counterfeiting Reebok footwear. Mr. McLaughlin controlled various corporations, including the Heatherdale Corporation. As a result of the lawsuit, Reebok obtained a temporary restraining order in the district court which enjoined “the defendants and their officers, servants, employees and agents and any per *1389 sons in active concert or participation with them” from “transferring, disposing of, or secreting any money, stocks, or other assets of these defendants without prior approval of the court.” It also enjoined banks from transferring funds of the defendants which were in the banks’ hands. On November 29, 1989, a copy of the TRO was served on BIL in Luxembourg. BIL is a banking…