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United States
Leading Case
uncategorized
Swift v. Tyson
41 U.S. (16 Pet.) 1 (1842)
Key Principle
In diversity cases, the phrase 'the laws of the several states' in section 34 of the Judiciary Act covers only state statutes and local usages, not general commercial law, so federal courts may exercise independent judgment on questions of general commercial law.
Area of Law
f
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