Abstract
N July I9, I948, the Department of State announced that agreement had been reached with Yugoslavia on a settlement of the claims of American nationals arising out of Yugoslav nationalization of their property.' On September 28, I949, it was announced in London that an agreement between Britain and Czechoslovakia had been reached, under which claims of British nationals arising out of Czech nationalizations would be settled.2 Analysis of the two agreements will reveal some important similarities and differences. Both the similarities and the differences are important signposts for the American businessman with foreign interests and for his lawyer.
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