On the 24th of October, 1945, the nationalization of mines, certain industrial enterprises, banks, and insurance companies was decreed in Czechoslovakia. The decrees took effect on the 27th day of October, 1945, the day of their promulgation. The purpose of this study is to examine these measures and their effects, first, on foreign-owned property in Czechoslovakia and, second, on assets of Czechoslovak nationalized enterprises located abroad. Particular emphasis will be placed on the effect of the decrees on property owned by American nationals in Czechoslovakia and on assets situated in the United States of enterprises nationalized in Czechoslovakia.