Saturday, April 20th | 12 Nisan 5784

Subscribe
December 23, 2010 4:32 am
0

Restitution Claim Lost over Nationalised Factory

× [contact-form-7 404 "Not Found"]

avatar by Joshua Freedman

A Jew whose button factory was taken over by the Nazis in 1939 and nationalised in 1945 has had his restitution claim rejected by a court in the Czech Republic. The Constitutional Court overturned the Czech Supreme Court’s 2009 ruling which had handed half-ownership of the factory buildings and a collection of expensive artworks to three relatives of Zikmund Waldes. The new decision was based on the principle that property could only be returned if it was seized after the Communists came to power in 1948. The current owners of the factory had purchased it from the state in 1994. Estimates suggest the property at stake is worth tens of millions of dollars.

Share this Story: Share On Facebook Share On Twitter

Let your voice be heard!

Join the Algemeiner

Algemeiner.com

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.