DocketNumber: No. 19245; No. 19246
Judges: Allein, Day, Jones, Kinkade, Marshall, Matthias, Robinson
Filed Date: 7/1/1926
Status: Precedential
Modified Date: 10/18/2024
1. The standing in Ohio Courts of a receiver or liquidator appointed by a court in a foreign! country depenas upon comity only. As a matter of strict right the courts of this state are not bound to recognize a receiver or liquidator appointed in a foreign country.
2. While upon considerations of judicial comity the courts of this state may recognize a receiver or liquidator appointed in another state, judicial comity does not require Ohio courts to recognize a foreign receiver or liquidator applying under Section 641, General Code tor distribution of a fund which is held in this state for the benefit and security of .the policy holders of a foreign insurance corporation, doing business within this state.
3. A writ of mandamus will not issue to compel the attorney general of the state of Ohio to bring an action under Section 641, General Code, until after some person entitled to participate in the deposit in question, or the proceeds arising therefrom, has applied to the attorney general for the commencement of a civil action under such statute. Until all valid claims of all policy-holders and creditors have been settled under the statute, a liquidator or receiver is not “a person entitled to participate in the deposit in question, or the proceeds arising therefrom” within the purview of Section 641, General Code.
Writs denied.