St. Paul Mercury Indemnity Co. v. Red Cab Co.
Citation
303 U.S. 283 (1938)
Facts
Stub — to be completed.
Issue
Stub — to be completed.
Holding
Stub — to be completed.
Rule
Amount in controversy is assessed at the time of filing; subsequent events that reduce the recovery below the jurisdictional amount do not divest jurisdiction.
Significance
Established the “legal certainty” standard — dismissal only appropriate if it appears to a legal certainty that the claim is really for less than the jurisdictional amount.