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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
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A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
October 14, 2004 at 08:00 PM
NU Online News Service, Oct. 14, 2004, 7:34 p.m. EDT
A U.S. District Court judge in New York has thrown out 20 lawsuits dealing with Holocaust-era insurance claims against Assicurazioni Generali S.p.A., Trieste.[@@]
The judge, Michael Mukasey, said a 2003 U.S. Supreme Court decision will require the plaintiffs to seek relief through the International Commission on Holocaust Era Insurance Claims.
California had tried to pass a law permitting Holocaust survivors and their heirs and beneficiaries to file claims in U.S. courts, but the Supreme Court agreed with arguments by federal officials that the federal government has a right to make the Holocaust victims go through ICHEIC.
Opponents have argued that forcing the Holocaust victims to turn ICHEIC for relief is unfair because Generali helped organize ICHEIC.
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