Russian Reinsurance Company, Respondents v. Francis R. Stoddard, Jr., as Superintendent of Insurance of the…

Summary

The New York Court of Appeals reversed the Appellate Division and affirmed the Special Term, holding that New York courts should not assume jurisdiction to compel the trustee to return the trust assets of the Russian Reinsurance Company because the corporation's domicile is under an unrecognized government and the authority of its directors is doubtful. The court emphasized comity, public policy, and the lack of a recognized sovereign as reasons to decline jurisdiction.