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Amount in Controversy |
Also found in: Wikipedia | 0.04 sec. |
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The value of the relief demanded or the amount of monetary damages claimed in a lawsuit. Some courts have jurisdiction, or the power to hear cases, only if the amount in controversy is more or less than an amount specified by law. For example, federal district courts can hear lawsuits concerning questions of federal law and controversies between citizens of different states, but they can do this only if the amount in controversy is more than $50,000. Some lower-level state courts, such as those that hear small claims, have no authority to hear controversies involving more than certain maximum amounts. When the amount in controversy determines the court's authority to hear a particular case, it may also be called the jurisdictional amount. |
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? References in periodicals archive |
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Although the IRS agreed that the taxpayers had
substantially prevailed on the amount in controversy, it contended that
they failed to fully substantiate, or account for, certain items. Proposed tort reform legislation,
supported by the Bush administration, would amend current law to permit
any defendant to transfer a large, multistate class action from a state
court to federal court when I) at least one plaintiff and one defendant
are from different states and 2) the total amount in controversy is at
least $2 million. The IRS notes that a taxpayer qualifying as a
prevailing party by reason of having made a qualified offer need not
substantially prevail on either the amount in controversy or the most
significant issue or set of issues presented. |
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