Word: interhandel
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...admission to the bar and his 72nd birthday. A law graduate of George Washington University, Wilson spent his 30s as a U.S. prosecutor and won such a reputation as a litigator that in 1941, soon after returning to private practice, he was retained by the Swiss firm Interhandel to look after its interest in its U.S. subsidiary, General Aniline & Film. In 1942 GAF was confiscated by the U.S. Government because Interhandel was believed to be a front for the German cartel I.G. Farben. It was while the "little American" worked on this affair (in which he finally...
...invoked the amendment only once, when Switzerland brought suit on behalf of a Swiss holding company, Interhandel, claiming assets of the General Aniline & Film Corp., which the U.S. Government had seized in 1942 as German property. Last spring the Swiss claimants agreed to a settlement under which the firm will be sold and the proceeds divided between the U.S. Government and Interhandel stockholders...
GENERAL ANILINE TRUCE is coming nearer. World Court at The Hague refused to rule on plea by Swiss Interhandel company to return General Aniline to it, on ground U.S. illegally seized Aniline as enemy company in World War II. Court's action will spur negotiated compromise now going...
...Aniline & Film Corp., the huge chemical firm that has been a bone of contention ever since World War II, when it was seized by the U.S. as enemy property (TIME, Oct. 14). The Swiss claim that the stock of the $163 million company rightfully belongs to Switzerland's Interhandel holding company, which ran General Aniline before World War II. The U.S. insists that Interhandel was merely a front for Nazi Germany's I.G. Farben...
Passing up the opportunity to set an example for the legal settlement of international disputes, the U.S. last week refused to argue the case at The Hague-and thus all but ended Interhandel's long struggle to regain the company. As a founder of the World Court, though never a defendant there, the U.S. exercised its treaty right to refuse trial in "matters essentially within domestic jurisdiction." Unless the U.S. Supreme Court (which has already turned down one appeal by Interhandel and now has another to consider on a technical point) reverses its position, the sale of rich...