H.Amdt.439 to H.R.2341107th Congress (2001-2002)
Description: H.Amdt. 439 — 107th Congress (2001-2002)All Information (Except Text)
Amendment, as modified, sought to treat a foreign corporation which acquires a domestic corporation as being incorporated in the State where the domestic corporation was organized.
An amendment to treat a foreign corporation which acquires a domestic corporation in a corporate repatriation transaction as being incorporated in the state under whoses laws the acquired domestic corporation was organized. Ensures that a company cannot have a state class action removed to federal court merely by changing its place of incorporation abroad.
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