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Federal Courts -
8th Circuit Court of Appeals - May 10 - May 11, 2007
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OnePoint Solutions, LLC v. Borchert, No. 06-2481,
UNITED STATES COURT OF APPEALS FOR THE EIGHTH CIRCUIT, May 11, 2007, Filed
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Overview: LLC's Minn. Stat. § 604.14 claims for civil theft against its founders were erroneously dismissed for lack of diversity jurisdiction under Fed. R. Civ. P. 12(b)(1) and 28 U.S.C.S. § 1332(a) because LLC could recover $ 66,000 for the value of property stolen, plus $ 66,000 in punitive damages, which exceeded the $ 75,000 jurisdictional threshold.
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