German industrialists pledge $1 billion for slave laborers

From: Cleveland Jewish News | Date: February 19, 1999 | Copyright information


Cleveland Jewish News

02-19-1999

German industrialists pledge $1 billion for slave laborers

MARILYN H. KARFELD Staff Reporter

By donating a reported $1 billion to aid Eastern European slave laborers, a dozen German industrial giants hope to squelch numerous class-action suits that have been filed against them on behalf of those victims of the Third Reich.

An agreement in principle, negotiated last week by the U.S. State Department, Germany and...

Related newspaper, magazine, and journal articles from HighBeam Research

Nazi-Era Slave Laborers to Sue German Companies
International Herald Tribune ; John Schmid International Herald Tribune 08-28-1998 A New York lawyer who has successfully pressed legal cases linked to the Holocaust against Swiss banks said Thursday that he would file a sweeping class-action lawsuit in the United States on Monday against 16 German industrial companies seeking
'Delayed Justice': Nazi slave laborers could see German payments in six months from $5.14 billion settlement.
The New York Jewish Week ; `Delayed Justice': Nazi slave laborers could see German payments in six months from $5.14 billion settlement. STEWART AIN STAFF WRITER Under a $5.14 billion settlement reached Tuesday with Germany, Nazi slave laborers are expected to receive a one-time payment of about $10,000 in as early as six
Demands impede restitution drive by slave laborers.(World)(Germany)
The Washington Times ; BERLIN - The start of September was to have marked another new beginning for Germany this century. Sixty years after Hitler's Third Reich marched into Poland on Sept. 1, 1939, German companies wanted to redress the consequences of their actions during the World War II. Specifically, they wanted to
Germany to pay Nazi slave laborers
Chicago Sun-Times ; BERLIN After two years of intricate negotiations, the German parliament voted today to free payments from a $4.6 billion fund for surviving Nazi-era slave laborers, providing compensation in what the nation's leader called ``the last great open chapter of our historical responsibility ``I want to
VW Opens Fund for WWII Slave Laborers
The Washington Post ; German carmaker Volkswagen launched a $12 million fund today to compensate surviving slave laborers that the firm used during World War II. Volkswagen and other major German companies face a class-action lawsuit by survivors that could run into billions of dollars. Volkswagen's board of directors