MLchartDataset catalogue

Erie Doctrine

Term · Insurance and risk management · MLC-T-INS-003641

A principle in United States federal court procedure mandating that federal courts sitting in diversity jurisdiction apply state substantive law rather than federal common law. This doctrine prevents forum shopping, where litigants choose a court based on favorable law rather than jurisdiction. It impacts how insurance contracts and liability claims are adjudicated when federal courts hear cases based on state law.

Table 1. Record
IdentifierMLC-T-INS-003641
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-003641",
  "term": "Erie Doctrine",
  "field": "Insurance and risk management",
  "definition": "A principle in United States federal court procedure mandating that federal courts sitting in diversity jurisdiction apply state substantive law rather than federal common law. This doctrine prevents forum shopping, where litigants choose a court based on favorable law rather than jurisdiction. It impacts how insurance contracts and liability claims are adjudicated when federal courts hear cases based on state law.",
  "url": "https://mlchart.com/terminology/insurance/erie-doctrine/"
}

Record 1,187 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.