Association of South Moravian Depositors in Austria v. Raiffeisenkasse B

Abstract

Expropriation — Extraterritorial effect — Expropriation of bank — Claims by depositors against funds held outside expropriating State — Expropriation without compensation — Austria-Czechoslovakia Property Treaty, 1974 — Provision for cession of property claims — Effect on legal status of funds at issue

Jurisdiction — Territorial — Expropriation — Currency legislation — Effect of expropriation on funds situated outside expropriating State — Situs of a debt — The law of Austria