Applied Underwriters, Inc. v. Lara, Nos. 21-15679, 21-16159, 2022 U.S. App. LEXIS 16012 (9th Cir. June 10, 2022)
The district court correctly dismissed this 1983 action brought by entities that had interests in California Insurance Company, an entity that the California Insurance Commissioner had sued to place in conservation in a California state court due to various unapproved corporate transactions. Under the prior exclusive jurisdiction doctrine, when a court of competent jurisdiction has obtained possession, custody, or control… Read More