United States of America ex rel. Continental Insurance Company v. Japan.

Abstract

Treaties — In general — Forms of — Incorporation of provisions of municipal legislation in treaty — Treaty of Peace with Japan, 1951, Article 15 (a) — Incorporation of Draft Allied Powers Property Compensation Law of Japan.

United States — Japanese Property Commission — Functions and powers — Whether competent to act as amiable compositeur — Whether entitled to decide ex aequo et bono — Treaty of Peace with Japan, Article 22 — Agreement between Japan and Allied Powers for Settlement of Disputes Arising under Article 15 (a) of Treaty of Peace.

Treaties of peace — Performance of — Measure of compensation for property not returned to owners — Deprivation of bondholders’ option to receive payment in foreign currency — Relevance of agreement between debtor State and other bondholders increasing face amount due — Whether such agreement relevant on grounds of equity — Treaty of Peace with Japan, Article 15 (a) — Agreement between Japan and Allied Powers for Settlement of Disputes under Article 15 (a) of the Treaty of Peace.