Sojitz America Capital Corp. v. Keystone Equipment Finance Corp.

RULING ON DEFENDANT’S MOTION TO DISMISS

HAIGHT, Senior District Judge:

Defendant Keystone Equipment Finance Corporation (“Keystone”) has filed a motion [Doc. 10] to dismiss the Complaint of Plaintiff Sojitz America Capital Corporation (“Sojitz”) pursuant to Fed. R. Civ. P. 12(b)(1) on grounds that abstention is warranted under Burford v. Sun Oil Co., 319 U.S. 315, 63 S.Ct. 1098, 87 L.Ed. 1424 (1943). Plaintiff opposes the motion. This Ruling decides it.

*61I. BACKGROUND

Sojitz, a corporate citizen of New York, is a minority stakeholder in Keystone, a corporate citizen of Connecticut. Sojitz’s…