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Business, 04.05.2021 22:40 yakshp4098

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?

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Fadal Machining Centers, LLC, and MAG Industrial Automation Centers, LLC, sued a New Jersey-based co...
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