Remand Battle Stayed In State Farm Rate Suit

Law360, New York (September 16, 2010, 6:00 PM EDT) -- A federal judge has stayed a putative class action against State Farm Mutual Automobile Insurance Co. pending the outcome of an appeal in a different case over minimum claim amounts necessary to move a case to federal court under the Class Action Fairness Act.

Judge James S. Moody Jr. on Tuesday stayed a motion to remand to state court by plaintiff MRI Associates of St. Pete Inc. in the U.S. District Court for the Middle District of Florida, saying he will be bound by whatever outcome...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.