“The old statement that a court will not hear cases involving the internal affairs of a foreign corporation has been practically dropped from the law today, and the result when appropriate is achieved under the forum non conveniens rule. Modern courts recognize their jurisdiction to entertain such suits, and insist only upon a discretionary power to refuse to exercise the existent jurisdiction when the facts make it both feasible and more desirable for the case to be heard by a court of the state of incorporation.” Robert A. Leflar, American Conflicts Law § 255, at 512–13 (3d ed. 1977).
internal affairs of a foreign corporation
internal affairs of a foreign corporation. Conflict of laws. Matters that involve only the inner workings of a corporation, such as dividend declarations and the selection of officers. [Cases: Corporations 640. C.J.S. Corporations §§ 893, 900.]
