legal diversity

What Is The Purpose Of Diversity Jurisdiction?

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What Is The Purpose Of Diversity Jurisdiction? A basis of federal subject matter jurisdiction that allows federal courts to preside over civil actions where the matter in controversy exceeds the sum or value of $75,000, exclusive of interest and costs, and is between: Citizens of different states. Why is diversity jurisdiction important? “Diversity jurisdiction” enables

What Is The Citizenship Of A Corporation For Diversity Purposes?

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What Is The Citizenship Of A Corporation For Diversity Purposes? For diversity jurisdiction purposes, “a corporation shall be deemed to be a citizen of any State by which it has been incorporated and of the State where it has its principal place of business.” 28 U.S.C. § 1332(c)(1). The first prong of this statute is