Osen LLC in the News
A retired U.S. airline pilot filed a lawsuit in Berlin against the Deutsches Historisches Museum today, demanding the return of a poster that was in his father's collection until the Gestapo seized it in 1938.
An American Jewish man filed a lawsuit Monday demanding the return of a rare poster in the collection of a Berlin museum that the Nazis stole from his father.
Gary Osen, a New Jersey lawyer who has sued banks he believes handle money for terrorist groups including al-Qaida, said the Holy Land case was more important in the war on terror than cases that got more attention, such as that of failed shoe bomber Richard Reid.
News this week that the Bush administration is on the verge of adding the Revolutionary Guard Corps of Iran to its ever-expanding list of foreign terrorist organizations—the count stands at 42 undesirables, headlined by Al Qaeda, Hezbollah, and Hamas—was not exactly music to the ears of Gary M. Osen, a lawyer on a personal and professional campaign to sue banks that he believes bankroll terrorist activities.
Meanwhile, at least one lawyer feels the SEC has not gone far enough in its efforts to inform investors whether their retirement savings are indirectly subsidizing terrorism or genocide. "I am not convinced that the SEC list moved the ball very far," said Gary M. Osen of Osen & Associate LLC in Oradell, N.J. "It is hard to escape the fact that it is a rather limited sample."
The Wertheim property had been held by East Germany for 40 years, and the rights to the land only came into question after German reunification. Mrs. Principe, who was born in Berlin and fled Germany with her family when she was 6, grew up in New Jersey knowing little of her family's lost fortune. But she began pushing for compensation in the early 1990s with the help of a lawyer, Gary Osen, who specializes in Holocaust-related claims. Mr. Osen fought to gain access to German records that revealed that the land had been taken from the family by the Nazis and that Karstadt was not the rightful owner of the Lenne Triangle. "If it wasn't for Gary, we wouldn't be here today," Mrs. Principe said.
Gary Osen and Stephen Kroll are two of the unsung heroes of the war on terror, an attorney and a Senate staffer who, working separately, have deployed the processes of law against the funders of terrorism - who turn out to include some of the wealthiest and most powerful personages in the Middle East.
The 37-year-old Osen has a neat haircut, a sonorous voice, a sober demeanor—and plenty of experience in damage compensation cases. In Germany, he represented the heirs of the Wertheim family against major retailer KarstadtQuelle. ‘In our suit we accuse Arab Bank of supporting the funding of extremist Palestinian groups,’ says Osen. ‘Our goal is to make it much more difficult for them to access the money.
[Peter] Sachs, 69, of Sarasota, Fla., will testify Thursday at a government commission that will determine if the collection should be returned to him or stay at the museum, which inherited it from East Germany after the fall of the Berlin Wall.
For the second time in a week, a U.S. judge has refused to throw out a lawsuit accusing a European bank of knowingly providing financial services to charities allegedly controlled by a terrorist organization.