On March 19, 2013, the U.S. Supreme Court issued a unanimous decision in Standard Fire Insurance Co. v. Knowles, a closely watched case under the federal Class Action Fairness Act of 2005 (“CAFA”).  CAFA gives federal district courts jurisdiction over proposed class action cases in which, among other things, the amount in controversy exceeds $5 million in aggregate.  CAFA was enacted in 2005 to allow defendants facing a proposed class action to remove the case, under certain circumstances, from state court to the more “friendly” venue of federal court.  In Knowles, the proposed plaintiff class representative (and the plaintiffs’ law… Read more