WASHINGTON, Aug. 8 -- Sen. John Kennedy issued the following press release:
Sen. John Kennedy (R-La.), a member of the Senate Judiciary Committee, announced that the U.S. Senate passed his bipartisan Diversity Jurisdiction Inflation Adjustment Act, which he introduced with Sen. Chris Coons (D-Del.) to update the dollar threshold for certain state-law lawsuits between parties from different states to be heard in federal court.
Federal diversity jurisdiction allows federal courts to hear state-law disputes between parties from different states. To prevent federal courts from being flooded with lower-value state-law claims, Congress requires these lawsuits to meet a minimum dollar amount, known as the amount in controversy requirement.
Cong...