A recent congressional amendment of federal district court jurisdictional requirements for both diversity of citizenship and federal question litigation has raised the required amount in controversy from $3,000 to $10,000. The trial court has also been given discretion either to deny costs or assess them against the plaintiff if he is finally adjudged entitled to recover less than $10,000, determined without regard to any set-off or counterclaim and exclusive of interest and costs. Further, for purposes of diversity jurisdiction and removal, a corporation is now deemed a citizen "of any State by which it has been incorporated and of the State where it has its principal place of business." 28 U.S.C. (Supp. V, 1958) §§1331, 1332.
Federal Procedure - Jurisdiction - Statutory Change in Jurisdictional Amount and Corporate Citizenship,
Mich. L. Rev.
Available at: https://repository.law.umich.edu/mlr/vol57/iss3/15