Quinn Emanuel New York-based Partner Marc Greenwald and Associate Leigha Empson have been published by the New York Law Journal. Their article, titled 'Congress Should Amend the Diversity Statute to Address LLCs' discusses how Congress should amend the diversity statute so that citizenship of LLCs for the purposes of diversity jurisdiction would be determined by the LLC’s principal place of business and the state under whose laws it is organized, not by the citizenship of each of its members.
Read here.