The Claims Resolution Tribunal

Document Type

Book Chapter

Publication Date

2012

Publication Information

in The Rules, Practice, and Jurisprudence of International Courts and Tribunals 575 (Chiara Giorgetti ed., 2012).

Abstract

From the Introduction
Chapter 19

The Claims Resolution Tribunal (“CRT”) in Zurich, Switzerland is among the most unusual international tribunals in history. What started as an international claims process to resolve Holocaust bank claims became an international judicial body working under the supervision and control of a United States federal court. For all practical purposes, the CRT became a Special Master of Judge Korman of the Eastern District of New York. Any awards it rendered required judicial certification, and any monies paid were through settlement funds deposited by the Swiss banks under a settlement agreement reached with the plaintiffs in federal class action litigation. Thus, the CRT is the principal, perhaps only, example of an international tribunal that fits a “Special Master Model” of international adjudication.

Series: International Litigation in Practice, Volume: 4

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