Three views considered for jurisdictional amount

Trial Notebook

By Steven P. Garmisa

Hoey & Farina

Posted March 4, 2022 11:21 AM

When trying to figure out whether the amount at stake in a state-court attack on an arbitration award satisfies the $75,000 threshold for diversity jurisdiction, there are three alternative approaches. U.S. District Judge George L. Russell III had to choose between the “award,” “demand” and “remand/mixed” approaches after Nicholai Rifkind asked a Maryland judge to modify or vacate a $75 award against Wells Fargo Clearing Services, and the company removed the case to federal court based on diversity of citizenship.During …

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