Underwriters National Assurance Co. v. North Carolina Life & Accident & Health Insurance Guaranty Ass'n

In this case, the North Carolina Court of Appeals held that an Indiana court was without jurisdiction to adjudicate the rights of various parties in a $100,000 deposit held in trust by certain. North Carolina officials. Because it found that the Indiana court did not have jurisdiction, the North Carolina court refused to recognize the Indiana court’s prior ruling that all claims to the deposit were compromised, settled, and dismissed by the final order entered by that court during a *694rehabilitation proceeding. We granted certiorari to decide whether, by refusing to treat the prior Indiana…