Hostname: page-component-78c5997874-4rdpn Total loading time: 0 Render date: 2024-11-09T07:48:49.770Z Has data issue: false hasContentIssue false

N.V. Assurantie Maatschappij de Nederlanden Van 1845 v. P.T. Escomptobank.

Netherlands.  20 February 1962 .

Published online by Cambridge University Press:  01 January 2021

Get access

Abstract

Jurisdiction — Territorial limits of — Foreign exchange regulations — Application to assignment of balances claimable abroad in foreign currencies — The law of the Netherlands.

Aliens — Position of — Respect for property — Expropriation — Recognition by foreign court of effect of measures placing under control and nationalizing assets of national subsidiaries of foreign company — Relevance of political objectives for such measures — Discriminatory and confiscatory effect of measures — Control Orders and nationalization Decrees of Indonesia against assets of subsidiaries of Netherlands company — The law of the Netherlands.

Treaties — Termination of — Unilateral denunciation — Effect of — Whether courts of co-contracting State obliged to apply foreign exchange legislation of Party in breach — Agreements between Netherlands and Indonesia concluded at Round Table Conference, 1949 — The law of the Netherlands.

Recognition of acts of foreign States and Governments — Non-recognition of acts contrary to international law — Measures placing under control and nationalizing assets of national subsidiaries of foreign company — Relevance of political objectives of such measures — Discriminatory and confiscatory effect of measures — Control Orders and Nationalization Decrees of Indonesia against assets of subsidiaries of Netherlands company — Legality of foreign exchange regulations connected with nationalization measures unlawful by international law — Effect of unilateral breach of financial agreements upon obligation of co-contracting State to recognize foreign exchange regulations of other Party — The law of the Netherlands.

Type
Case Report
Copyright
© Cambridge University Press 1967

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)