Reynolds Spring Co. v. Commissioner

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• declining to apply the act of state doctrine where the legal situs of the intangible property at issue, debt, was the U.S.
• declining to apply the act of state doctrine where the legal situs of the intangible property at issue, debt, was the U.S.
• defense unavailable to Costa Rican bank which conceded jurisdiction in New York and agreed to pay debt in New York City
• “Acts of foreign governments purporting to have extraterritorial effect—and consequently, by definition, falling outside the scope of the act of state doctrine—should be recognized by the courts only if they are consistent with the law and policy of the United States.”
• “Acts of foreign governments purporting to have extraterritorial effect—and consequently, by definition, falling outside the scope of the act of state doctrine—should be recognized by the courts only if they are consistent with the law and policy of the United States.”

Source: CourtListener parenthetical corpus (CC0).