The European Court of Human Rights ('the Court') dismissed the appeal of SNS investors against the expropriation of their shares and subordinated debt. Which questions would the Court have had to answer, if the appeal had been held admissible?
Tag: Subordinated Debt
Two weeks ago, another milestone was reached in the legal battles following the nationalisation of SNS Reaal. An Amsterdam court held that the State of the Netherlands should pay expropriated securities owners more compensation for their losses.
A snow storm was blowing around our Law School last week. The financial sector seems to mirror current climatological extremes, as banking conglomerate SNS Reaal was nationalised two weeks ago.