Osen LLC in the News

U.S. judge refuses to dismiss terror finance suit vs French bank - The International Herald Tribune - October 5, 2006

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.

Family Property's Tangled History - The New York Times - September 22, 2006

“We like to say it went from being a ‘no man’s land’ in the literal sense to a ‘no man’s land’ in the legal sense,” said Gary M. Osen, a New Jersey lawyer who represents the Wertheim heirs. Legal nuances aside, he said, this land is also different because KarstadtQuelle sold it to Mr. Beisheim for a princely sum. The developer then spent hundreds of millions of dollars building the Ritz-Carlton, a Marriott hotel, luxury apartments and offices, calling the complex the Beisheim Center.

Luxury hotels sit on land confiscated by Nazis - The New York Times - September 22, 2006

Osen said neither the claims conference nor the Wertheim family wanted to take back the property. "It's one thing to visit the Ritz; it's another thing to end up owning it," he said. But Osen said Principe and her family were entitled to a fair settlement for their loss.

Final Act Looms in Nazi Restitution Case - Bloomberg Business Week - September 19, 2006

“We like to say it went from being a ‘no man’s land’ in the literal sense to a ‘no man’s land’ in the legal sense,” said Gary M. Osen, a New Jersey lawyer who represents the Wertheim heirs. Legal nuances aside, he said, this land is also different because KarstadtQuelle sold it to Mr. Beisheim for a princely sum. The developer then spent hundreds of millions of dollars building the Ritz-Carlton, a Marriott hotel, luxury apartments and offices, calling the complex the Beisheim Center.

Famous spot for sale in Berlin - The New York Times - September 12, 2006

A premiere real estate address - once the location of one of pre-war Berlin's top department stores, later the home of a legendary night club in the reunited German capital - is up for sale.

A Holocaust Reparations Settlement Makes Its Way to South Jersey - The New York Times - January 24, 2006

Within the next few weeks, Barbara Principe, a 73-year-old South Jersey woman who still lives near the chicken farm where she grew up, will begin receiving payments from millions of dollars in real estate in the former East Berlin.

US Victims Sue RBS’ NatWest, Credit Agricole for Supporting Terror Groups - http://www.forbes.com/finance/feeds/afx/2006/01/06/afx2432850.html - January 6, 2006

Lawyers for the plaintiffs who filed the lawsuits in New York and New Jersey said that the separate lawsuits charge the banks with maintaining accounts for financial supporters of the radical Palestinian group Hamas.

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