Picquet v. Amoco Production Co.

JOHN V. PARKER, Chief Judge.

This action presents a question of federal diversity jurisdiction which, as far as we can tell, has not yet been considered by the Court of Appeals for the Fifth Circuit. That issue, stated simply, is whether a federal district court has authority in the protection of its jurisdiction to ignore a colorable transfer of ownership, the purpose of which is to deprive the federal courts of jurisdiction.

Facts

Plaintiffs, except Mabloryn Corporation (“Mabloryn”), are all citizens of Louisiana and California. Defendant, Amoco Production Company (“Amoco”), is a corporate…