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Austrian Strabag would freeze German state assets in America

Summary by 24 HU
A complicated legal dispute that began twenty years ago has ended in (in principle) success for the Austrian construction company Strabag: two of the company's subsidiaries, or branches, have won a lawsuit against Germany in an international arbitration court operating at the World Bank, the Austrian Der Standard reported. In the coming months, a district court in Washington, D.C., an American court – neither Austrian nor German – may decide whe…
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24 HU broke the news in Budapest, Hungary on Saturday, April 26, 2025.
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