Confiscation of Shareholders' Rights in Czechoslovak Company Case.

Abstract

Jurisdiction — Territorial limits of — Foreign confiscatory legislation — Confiscation of shares in foreign company and vesting of shares in foreign "people's enterprise " — Foreign company suing for debt owed by defendant in forum State — Debt owing from before date of confiscation — Whether debt recoverable by foreign company — The law of Germany.

Recognition of acts of foreign States and Governments — Foreign confiscatory legislation — Confiscation of shares in foreign company and vesting of shares in foreign “people's enterprise” — Foreign company suing for debt owed by defendant in forum State — Debt owing from before date of confiscation — Whether recoverable by foreign company — The law of Germany.