Jump to Content Jump to Main Navigation
Arbitration of International Business Disputes - Studies in Law and Practice, 2nd Edition by Park, William W. (20th September 2012)

Part IV Selected Issues for Further Study, A Financial Transactions, 2 Mass Claims and Dormant Swiss Accounts

From: Arbitration of International Business Disputes: Studies in Law and Practice (2nd Edition)

William W. Park

From: Oxford Legal Research Library (http://olrl.ouplaw.com). (c) Oxford University Press, 2015. All Rights Reserved.date: 13 November 2019

In 1997 an independent committee representing both Jewish groups and Swiss bankers established in Zürich a Claims Resolution Tribunal (CRT) 1 to resolve disputes over dormant Swiss bank deposits, some of which belonged to victims of Nazi persecution. 2 These assets had generated class actions in New York, 3 as well as considerable acrimony in Swiss-American commercial relationships. 4 The CRT was set up to hear claims to accounts opened by “non-Swiss” persons that had been inactive since the end of the Second World War and published by the Swiss Bankers...
Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.