1st Circ. Denies Insurer's Removal Bid Under CAFA

Law360, New York (February 18, 2009, 12:00 AM EST) -- An appellate court has affirmed a lower court’s decision to remand a proposed class action over single credit insurance premiums, saying the defendant – Guarantee Life Insurance Co. – failed to show a reasonable probability that the amount in controversy would exceed the $5 million minimum established by the Class Action Fairness Act of 2005.

In a decision handed down Friday in the U.S. Court of Appeals for the First Circuit, Chief Judge Sandra L. Lynch held that a removing defendant is required to meet the...
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