ALBANY - Survivors of former Philippine dictator Ferdinand Marcos’ “reign of terror” and heirs of people “horribly brutalized” cannot reach the $42 million in assets that the tyrant shifted to a New York investment accountat least not yet, the Court of Appeals held yesterday.
In a unanimous opinion, the court said that in the interests of sovereign immunity and international comity, the matter cannot continue without the Republic of the Philippines, as a necessary but so far unwilling party.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]