Fink & Co. v. Standard Insurance

DAUGHERTY, District Judge.

This matter is before the court on the motion of plaintiff to remand the ease to state court because the amount in dispute is less than the jurisdictional amount.

The defendant has responded urging that the motion be denied and that this court retain jurisdiction.

Plaintiff filed a petition in state district court seeking a declaratory judgment to determine the correct calculation of a “setoff” claimed by the plaintiff against an account owed by plaintiff to the defendant pursuant to a “Profit & Production Incentive Agreement” entered into between the parties on…