Word: ladenburg
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Dates: during 1920-1929
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...case at issue was a suit brought by the banking firm of Ladenburg, Thalmann & Co. (of Manhattan) against the Alien Property Custodian and the banking firm of Delbruck, Shickler & Co. (of Berlin). The $148.28 was owing to the Manhattan firm by. the Berlin firm before the War. The Manhattan firm wished to collect the debt at the pre-War rate of exchange and with interest to the sum of $20.40. The Berlin firm agreed that the Manhattan firm was entitled to its claim, but argued that the German Government should pay the claim, since the German bankers were not responsible...