Federal Court Jurisdiction Act

[AI summary unavailable — showing source text] Federal Court Jurisdiction Act - Allows actions pending at the time a new district is created or when the composition of a district is changed to be tried in the district as it existed when the proceeding was instituted, or in the new district or in the district to which the appropriate subdivision has been transferred as the parties shall agree or the court directs. Creates a procedure for the review of certain remand orders raising substantial questions of the right to a Federal forum; and also for the review of orders staying certain Federal court actions to permit the prosecution of proceedings in a State court. Requires the permission of both the district and appellate court to stay proceedings in State courts. Gives the court of appeals power to entertain appeals from orders remanding removed cases to the State court after disposition of the Federal element on which jurisdiction depends. Chapter 84: District Courts; General Diversity of Citizenship Jurisdiction - Increases to $l5,000 the required amount in controversy for diversity purpose. Provides that for diversity purposes an alien corporation that has its principal place of business in a State is a citizen of that State …