Judge: Value Of Lost Use Claim Will Exceed Jurisdictional Limit

HONOLULU - A federal judge in Hawaii on Sept. 24 denied a proposed class's motion to remand a suit claiming that their mortgage loans were unlawfully assigned to Deutsche Bank National Trust Co., finding that the class's claim for lost use and treble damages will exceed the $5 million jurisdictional limit of the Class Action Fairness Act (CAFA) (Karl P. Lizza, et al. v. Deutsche Bank National Trust Company, No. 13-00190 HG-BMK, D. Hawaii; 2013 U.S. Dist. LEXIS 136453).

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