Judge Helps Pave Way for Nazi Fund Payouts
From Times Wire Reports
A judge in New York removed a major obstacle holding up payouts from a $4.6-billion fund for more than 1 million victims of Nazi-era slave labor, but other hurdles remain.
U.S. District Judge Shirley Wohl Kram dismissed 10 consolidated lawsuits filed against German banks by dozens of victims. But at least a dozen more such cases are pending in U.S. courts.
For payments from the fund to begin, the settlement needs approval from the German Parliament and German industry.
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