Bloch-Bauer Holocaust claims tribunal award - a comment
Article from: TDM 3 (2005), in Case Comments & Awards
Introduction
I wish to call attention to a 26.5 M Swiss Franc award issued by the Claims Resolution Tribunal against a not identified Swiss Bank, available from the law firms website (www.bslaw.net/altmann/ozag/Award.pdf [1]) and to which my attention was drawn by the ASIL ILM services. The award is about what the CRT tribunal found collusive action of the Swiss Bank with Nazi authorities in breach of a shareholders trust/syndicate agreement. Wealthy Jewish Austrians (inter alia painted by Klimt) put their shares in a large Austrian sugar company into a trust/syndicate agreement ...