Legal Opinion

Severnoe Securities Corp. v. London & Lancashire Insurance

New York Court of Appeals

Decided January 6, 1931PublishedCited by 51 opinions

1Opinion of the Court

Cardozo, Ch. J.

The Northern Insurance Company of Moscow, dismembered by the decrees of the Russian Soviet Republic, retains a pallid life as the shade or little more of its former self. There is a cause of action in its favor growing out of transactions in England with a British insurance company, having a domicile in England, though with a branch in New York. Of the board of directors of the Moscow company, a board consisting of five regular members and two alternate members, two only survive. These authorized a manager, whose authority was confined to the transaction of current business, to…

2Cases cited11 opinions

  1. Harris v. BalkSupreme Court of the United States · 1905
  2. Farmers Loan & Trust Co. v. MinnesotaSupreme Court of the United States · 1930
  3. Frick v. PennsylvaniaSupreme Court of the United States · 1925
  4. Baldwin v. MissouriSupreme Court of the United States · 1930
  5. Safe Deposit & Trust Co. of Baltimore v. VirginiaSupreme Court of the United States · 1929

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3Cited by51 opinions

  1. Universal Adjustment Corp. v. Midland Bank, Ltd., of LondonMassachusetts Supreme Judicial Court · 1933
  2. Peterson v. Islamic Republic of IranCourt of Appeals for the Ninth Circuit · 2010
  3. F. PALICIO Y COMPANIA, SA v. BrushDistrict Court, S.D. New York · 1966
  4. U. S. Industries, Inc., a Corporation, and Diversacon Industries, Inc., a Corporation v. F. Browne GreggCourt of Appeals for the Third Circuit · 1976
  5. Moscow Fire Insurance v. Bank of New York & Trust Co.New York Court of Appeals · 1939

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