Press Releases

“Arab Bank Plaintiffs’ Trial Team Honored with 2016 Public Justice Trial Lawyers of the Year”
Osen LLC - August 1, 2016

On June 24, 2016, Public Justice presented the 2016 Trial Lawyers of the Year Award to Osen LLC attorneys who spearheaded the landmark case Linde v. Arab Bank, PLC. 

“German High Court Famous Poster Collection Stolen by the Nazis Must Be Returned to Collector's Son”
Osen LLC - March 16, 2012

March 16, 2012 (KARLSRHUE, GERMANY): The German High Court (Bundesgerichtshof) issued its written opinion this morning confirming that Peter Sachs is the legal owner of his father’s stolen poster collection and that a German museum must return the collection to him. 

“Case Brought by Families of Murdered American Missionaries Against Chiquita Can Go Forward”
Osen LLC - February 5, 2010

Case Brought by Families of Murdered American Missionaries Against Chiquita for providing illegal payments and other support to Colombian Terrorist Group Can Go Forward, Federal Judge Rules. Federal District Judge Holds That Victims’ Allegations Support Aiding and Abetting Liability and Their Allegations Are Sufficient to State a Claim for Conspiracy Liability.

“German High Court Rules in Favor of Heirs in Deutsche Kabelwerke Case”
Osen LLC - July 17, 2009

Oradell, NJ (July 17, 2009) In a landmark decision (BVerwG 5 C 33/07), the Federal Administrative Court (German High Court) decided on July 17, 2009, that shares owned by Jewish directors of the publicly traded Deutsche Kabelwerke and sold under duress as a result of Nazi era persecution, have to be compensated according to the proportional value of the company. The decision, which puts an end to a 17-year legal dispute has implications beyond the narrow facts of the Deutsche Kabelwerke case as it is the first decision issued by the High Court on this specific issue of compensation for "Aryanized" shareholdings.

“In March 2008, Peter Sachs filed a lawsuit in the civil court (Landgericht) in Berlin”
Osen LLC - February 11, 2009

In March 2008, Peter Sachs filed a lawsuit in the civil court (Landgericht) in Berlin, seeking the return of a poster originally owned by his father from the German Historical Museum in Berlin. The lawsuit represented the culmination of an unsuccessful three year effort by Mr. Sachs and Osen LLC to amicably resolve a case involving the theft of what many consider the largest and most significant poster collections in the world -- the Hans Sachs Collection.

“Heir to One of the World's Most Famous Poster Collection Files Precedent Setting Lawsuit Against German Museum”
Osen LLC - March 3, 2008

Berlin, Germany (March 3, 2008)-- Peter Sachs, son of the famed poster collector Hans Sachs, files suit in the district court in Berlin asking for the return of Marlene Dietrich film poster held by the Deutsche Historiches Museum (DHM) in Berlin.

“Significant Victory for Wertheim Heirs”
Osen LLC - October 26, 2005

Oradell, NJ (October 26, 2005)-- In a significant victory for heirs of what is likely the largest fortune ever plundered by the Nazis, the German High Court in Leipzig, Germany, yesterday rejected the appeal of the German Corporation, KarstadtQuelle, and formally recognized the claims of heirs to the famed Wertheim Department store fortune.

“District Court Clears the Way for a Case Against Arab Bank”
Osen LLC - September 2, 2005

NEW YORK, NY (September 2, 2005)-- In a sweeping 31-page opinion the Federal District Court for the Eastern District of New York today denied Arab Bank’s motions to dismiss the case of Linde v. Arab Bank, Plc and the related cases filed thereafter. The Court ruled that American victims of Palestinian terrorism since September 2000 can bring claims under the Anti-Terrorism Act against Arab Bank Plc, Jordan’s largest financial institution.

“Karstadt Appeal Denied. Court Affirms Rights of Nazi Victims to Claim Disputed Properties”
Osen LLC - March 4, 2005

Berlin, Germany (March 4, 2005)-- A German court today upheld the Berlin Restitution Authority ruling that Nazi persecution was directed against the Wertheim family and rejected legal claims by German retail giant KarstadtQuelle AG that it was entitled to reconveyance of former Wertheim holdings in eastern Germany.

“Arab Bank to End U.S. Operations. Faces Overwhelming Evidence NY Branch Funds Mid-East Terrorism”
Osen LLC - February 8, 2005

NEW YORK, NY (Feb. 8, 2005)–– In the wake of a pioneering lawsuit filed by families of American victims of Palestinian terrorism, Arab Bank, one of the largest financial institutions in the Middle East, today announced plans to close its New York branch and end its American operations.