Stephen et al. v. Zivnostenska Banka, National Corporation et al.

Abstract

States as international persons — Recognition of acts of foreign States and Governments — Nationalization decrees affecting assets of foreign bank held within forum State — Effect of such decrees with respect to ownership of such assets — Policy of state of United States as affected by position of Federal Government with respect to such decrees and by pending negotiations for lump sum settlement with foreign Government — The law of the United States of America.

Jurisdiction — Territorial — Exemptions from and restrictions upon — Property of foreign States — Immunity from attachment and execution — Immunity with respect to assets in forum State of foreign bank nationalized by its Government — Disputed ownership as to such assets — Effect of suggestion of immunity of State Department upon questions of ownership — Effect of policy of a state of the United States against recognizing nationalization decrees affecting property within state — The law of the United States of America.