Jurisdiction can be extraordinarily simple, but when it gets complex, the discussion can begin to sound like medieval scholastics discussing the number of angels sitting on the head of a pin. For individuals, if they both live in the same state, the state courts will have jurisdiction.įor the federal courts to have jurisdiction, the parties typically need to be from different states and meet the statutory minimum “amount in controversy,” or the dollar value of the case. This chapter will help you decide which features are right for you and your business. However, there must be some nexus between the parties and the court for jurisdiction to be valid, such as the physical presence of the company or it is where it is incorporated. Thank you for choosing Quicken Personal Finances 2007 to help manage your business finances Quicken Home & Business is designed to help you track almost all aspects of small business cash flow and profitability. District Court for the Eastern District of Michigan.
A contract from a Detroit-based business may include a forum selection clause that states any disputes will be heard in the U.S.
In many business cases, jurisdiction is decided in advance, as the transactional documents will explicitly state where potential litigation can be heard. Pleadings must demonstrate why jurisdiction is proper in the first stage of a case, to conserve judicial resources and prevent the court from wasting time on a matter that it cannot decide. In the U.S., jurisdiction is often controlled by where the parties live, and state and federal courts have specific requirements for their courts to have jurisdiction in a particular case. Without jurisdiction, a court cannot address any substantive issues in your case. Jurisdiction is a court’s ability to hear a case. This was the first time a consumer could go from application to closing on their own. This brings up the important topic of jurisdiction. In late 2015, Quicken Loans launched a fully digital, completely online, mortgage experienceRocket Mortgage. And home court advantage may be a reality in the courtroom. Having familiar surroundings and a guaranteed advantage with friendly fans can help a team perform at its best and become successful.īusiness litigation will never be confused with a sporting event, but there are some similarities. In sports, a home court is always the preferred venue for any team.