Getting Compensation After A Bank Bailout: Lessons From A Decade Of SNS Litigation
Published:
Sep 25, 2023
In Short: The Situation: After the nationalization of the Dutch SNS banking and insurance group, the Dutch Minister of Finance offered zero compensation to expropriated bondholders. The Result: Ten years after the nationalization, the Dutch Supreme Court confirmed compensation awards totaling approximately €1 billion including accrued interest. Looking Ahead: The SNS case provides...
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