principal place of business. There is no requirement that the “nerve center” be located where the corporation has operations. In fact, in Sabo v. Standard Oil Co., 295 F.2d 893 (7th Cir.1961), the Seventh Circuit cited as examples of how to ascertain a corporation’s principal place of business two cases where other courts had held that the principal place of business was where the executive offices were located rather than the situs of the corporation’s operations. Id. at 894 (citing Burdick v. Dillon, 144 F. 737 (1st Cir.1906) (Massachusetts was principal place of business for a New Jersey corporation whose operations were carried on in New York and Vermont but whose executive offices were in Massachusetts) and Scot Typewriter Co. v. Underwood Corp., 170 F.Supp. 862 (D.N.Y.1959) (<HOLDING>)). In Sabo, the Seventh Circuit held that the
holding that even though lehman banks executive officers were in new york and its board of directors met exclusively in new york lehman bank had its principal office in delaware rather than new york because the term principal office is a term of art holding that if a domestic corporations principal place of business is abroad the foreign principal place of business cannot be considered for diversity jurisdiction purposes holding that a corporations principal place of business for determining diversity jurisdiction under 28 usc  1332c1 is the nerve center meaning the corporations headquarters or the place where a corporations officers direct control and coordinate the corporations activities holding that a corporation is fairly regarded at home and so amenable to personal jurisdiction for suits relating to all of its activities including those outside the forum in its principal place of business and place of incorporation holding corporations principal place of business was new york where its executive offices were located rather than connecticut the situs of its largest plant as well as of research and operational activities