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JACKSON NAT. LIFE INS. CO. v. GREYCLIFF PARTNERS, LTD.

Civil Action No. 96-C-0476.

960 F.Supp. 186 (1997)

JACKSON NATIONAL LIFE INSURANCE COMPANY, as Court Appointed Representative of the Estates of the Debtor Companies Bucyrus-Erie Company and B-E Holdings, Inc., Plaintiff, v. GREYCLIFF PARTNERS, LTD.; Greycliff Partners; Alfred C. Eckert, III; and Michael Salovaara; Defendants.

United States District Court, E.D. Wisconsin.

April 9, 1997.

Attorney(s) appearing for the Case

Bruce Arnold, Whyte Hirschboeck Dudek, S.C., Milwaukee, WI, and J. Andrew Rahl, Jr., Anderson, Kill, Olick & Oshinsky, New York City, for Plaintiff.

Scott W. Hansen, Reinhart, Boerner, Van Deuren, Norris & Rieselbach, S.C., Milwaukee, WI, and Matthew Gluck, Fried, Frank, Harris, Shriver & Jacobson, New York City, for Defendants.

DECISION AND ORDER

REYNOLDS, District Judge.

The magistrate judge issued an order granting Jackson National Life Insurance Company's motion to remand this case to state court. The court shall set aside that order because it is contrary to law. See Fed.R.Civ.P. 72(a).1 In the court's view, diversity jurisdiction exists as a matter of law.

Neither party has explained the rather complicated facts necessary to decide...

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