Summary
In Voelker v. Porsche Cars North America, Inc., 348 F.3d 639, 643 (7th Cir. 2003), an automobile warranty case, the Court of Appeals said that the party asserting federal jurisdiction must allege the cost of the replacement vehicle, minus both the present value of the allegedly defective vehicle and the value that the plaintiff received from the allegedly defective vehicle.
Summary of this case from Samuel-Bassett v. Kia Motors America, Inc.Opinion
No. 03-1444.
Argued September 10, 2003.
Decided November 3, 2003