Kircher et al. v. Putnam Funds Trust et al., No. 05-409 (U.S. June 15, 2006)
Date: 06/19/06
On June 15, 2006, the Supreme Court of the United States decided Kircher v. Putnam Funds Trust, holding that orders remanding actions to state court for want of preclusion under the Securities Litigation Uniform Standards Act of 1998 ("SLUSA"), 112 Stat. 3227, are subject to 28 U.S.C. ยง 1447(d) and its general rule of nonappealability.
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