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Blogs > Business Without Borders®

Mar 31, 2010

Home Is Where the Heart Is: Corporation Is a Citizen of State Where Its “Nerve Center” Is Located

In the U.S., a party can be sued either in the federal courts or in the courts of one of the fifty states.  The federal courts generally have jurisdiction in matters that (1) involve an issue of federal law – called federal question jurisdiction, or (2) if the parties are citizens of different states and the matter in controversy exceeds $75,000 – called diversity jurisdiction. » Read More