Court Misapplied ‘Local Controversy’ Exception

In plaintiffs’ class action suit alleging defendant real estate appraisers cooperated in defendant mortgage lender’s scheme to use a suggested appraisal value so loans were “underwater” from their inception, the district court could aggregate the named defendant real estate appraisers for purposes of deciding to remand the action to state court under the “local controversy ...

Source: http://valawyersweekly.com/2013/12/30/court-misapplied-local-controversy-exception/

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