Press Releases

“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.

“Wertheim Heirs Attend Public Ceremonies Marking the Opening of the Library of the German Parliament in Berlin”
Osen LLC - December 11, 2003

Berlin, Germany (December 11, 2003)-- Heirs of the Wertheim Department Store dynasty converged on Berlin’s Marie-Elisabeth-Lüders-Haus for the ceremonies marking the completion of the last building in the German government ’s parliament complex.

“German Finance Ministry Rejects Compensation for Heirs of the Deutsche Kabelwerke Shareholders”
Osen LLC - August 15, 2003

Oradell, NJ (August 15, 2003)-- After more than a decade of administrative proceedings and three sets of legal decisions by the German Restitution Authority in Berlin and the OFD Berlin, the heirs of Bernhard and Siegfried Hirschmann, the former Chairman and Managing Director of of Deutsche Kabelwerke, were rebuffed in their effort to obtain compensation from the German government.

“April 10, 2003 Court Date Set for Oral Argument in Wertheim Case”
Osen LLC - April 10, 2003

Oradell, NJ (April 3, 2003)-- Oral arguments before Judge William G. Bassler to begin at 10:00 am at the Federal Court House in Newark, New Jersey.

“Wall Street Journal: German Government Seeks to Quash New York Wetheim Lawsuit”
Osen LLC - June 6, 2002

NEW YORK, NY (June 6, 2002)-- Major Article Discloses German Government has Financial Ties to Defendant and Properties and will Reap Huge Windfall if Case Goes Away.