Question: Fadal Machining Centers LLC and MAG Industrial Automation Centers LLC
Fadal Machining Centers, LLC, and MAG Industrial Automation Centers, LLC, sued a New Jersey– based corporation, Mid- Atlantic CNC, Inc., in federal district court. Ten percent of MAG was owned by SP MAG Holdings, a Delaware LLC. SP MAG had six members, including a Delaware limited partnership called Silver Point Capital Fund and a Delaware LLC called SPCP Group III. In turn, Silver Point and SPCP Group had a common member, Robert O’Shea, who was a New Jersey citizen. Assuming that the amount in controversy exceeds $ 75,000, does the district court have diversity jurisdiction? Why or why not?
Answer to relevant QuestionsGo to Case Analysis Case 38.1, ORX Resources, Inc. v. MBW Exploration, LLC, on pages 741 and 742. Read the excerpt and answer the following questions.(a) Issue: What was the main issue in this case? (b) Rule of Law: What ...Northwest Brands, Inc., is a small business incorporated in Minnesota. Its one class of stock is owned by twelve members of a single family. Ordinarily, corporate income is taxed at the corporate and shareholder levels. Is ...1. How many shareholders were present at the shareholders’ meeting that gave rise to the dispute in this case? 2. How did the court “characterize” and “classify” the shares of stock that Cale and Shirley Case held ...General Star Indemnity Co. agreed to insure Indianapolis Racing League race cars against damage during on-track accidents. General Star deposited $ 400,000 with G Force, LLC (GFCO), a Colorado firm, to enable it to buy and ...1. Today, children are likely exposed to indecent language in various media far more often than they were in the 1970s, when the Federal Communications Commission first began to sanction indecent speech. Does this mean that ...
Post your question