NORTH STAR INTERNATIONAL, a Nevada Corporation, Plaintiff-Appellant, v. the ARIZONA CORPORATION COMMISSION, Et Al., Defendants-Appellees
Court of Appeals for the Ninth Circuit
1Opinion of the Court
„r. t T . ™ T , WALLACE, Circuit Judge:
North Star International (North Star) appeals from a district court order dismissing its action for failure to state a claim upo n which relief can be granted. We affirm.
j.. , _ „ ... . North Star alleges m its complaint that it is a Nevada corporation with its principal place of business in Tucson Arizona. North Star was formed by the shareholders of Polaris International Metals Inc. (Polans) to exploit development of the Redox process, a radically different method of producmg iron and steel. As part of an effort to raise capital, North Star…
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