Fordham Law Review Volume 26 Issue 3 Article 8 1957 The Effect of the Common-Law Doctrine of Forum Non- Conveniens on the New York Statute Granting Jurisdiction Over Suits Against Foreign Corporations Follow this and additional works at: https://ir.lawnet.fordham.edu/flr Part of the Law Commons Recommended Citation The Effect of the Common-Law Doctrine of Forum Non-Conveniens on the New York Statute Granting Jurisdiction Over Suits Against Foreign Corporations, 26 Fordham L. Rev. 534 (1957). Available at: https://ir.lawnet.fordham.edu/flr/vol26/iss3/8 This Article is brought to you for free and open access by FLASH: The Fordham Law Archive of Scholarship and History. It has been accepted for inclusion in Fordham Law Review by an authorized editor of FLASH: The Fordham Law Archive of Scholarship and History. For more information, please contact
[email protected]. FORDHAM LAW REVIEW [Vol. 26 Moreover, an opportunity which would othenvise be a corporate oppor- tunity, ceases to be such if the corporation is definitely unable to take advan- tage of it. 47 Thus, the financial inability of a corporation to avail itself of the particular opportunity is a valid defense in an action against the director. 48 Legal barriers, refusal of a third party to deal with the corporation,40 or any other circumstances which prevent the corporation from acting upon the op- portunity, may also be invoked as defenses. CONCLUSION Today, with modern corporate organization involving vast sums of capital, property, and various other assets, a director may well be tempted to act for himself and to the detriment of his corporation.