 Article
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Domestic Corporation's Foreign Principal Place of Business Irrelevant for Diversity |
July 25, 2008
Previously published on May 2008
In a matter of first impression, the Seventh Circuit held that a domestic corporation with its principal place of business outside of the United States is deemed to be a citizen of its state of incorporation for purposes of diversity jurisdiction under 28 U.S.C. ยง 1332.
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The views expressed in this article are solely the views of the author and not Martindale-Hubbell. This article is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. |
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