In the case of Disconto Gesellschaft v. Umbreit, a German banking corporation sought to recover funds from an American businessman who had defaulted on his loan payments. The Supreme Court ruled in favor of the German bank, stating that international law and treaties between Germany and the United States required recognition and enforcement of foreign judgments. This ruling set a precedent for future cases involving international business transactions by establishing that U.S courts will uphold valid contracts made under foreign laws unless they violate domestic public policy or principles of equity.

In the dissenting opinion for DISCONTO GESELLSCHAFT v. UMBREIT, it was argued that the majority's decision to uphold a lower court ruling in favor of Umbreit was incorrect. The dissenting justices believed that Disconto Gesellschaft had been denied its right to due process under the Fourteenth Amendment because it had not received proper notice of legal proceedings against it in Wisconsin courts. They contended that service by publication did not constitute sufficient notice and therefore violated Disconto Gesellschaft’s constitutional rights. Furthermore, they disagreed with the majority's interpretation of international law regarding jurisdiction over foreign corporations, arguing instead that such entities should be able to challenge state court rulings on constitutional grounds if they believe their rights have been infringed upon.