|Number of Claims||4130|
|Number of Awards||1925|
|Amount of Awards - Principal||$70,466,019|
|Amount of Fund||$8,658,722.43|
|Amount of Payment|
Between 1956 and 1959, the Commission administered a Soviet Claims Program pursuant to provisions of Title III of the International Claims Settlement Act of 1949, as amended (the Act). Those provisions authorized the Commission to consider claims of nationals of the United States arising prior to November 16, 1933, against the Soviet Government, and claims of United States nationals based on liens held on property in the United States assigned to the United States Government by the Government of the Union of Soviet Socialist Republics under the Litvinov Assignment of November 16, 1933. This program was completed on August 9, 1959.
Partial payments on awards in these claims were made out of the proceeds derived from liquidation of the assets acquired by the United States under the Litvinov Assignment. The funds so derived totaled $8,658,722.43. The balance of the awards, however, remains unpaid and outstanding, pending conclusion of a final claims settlement agreement between the United States and what are now the republics of the former Soviet Union.
Pub. L. No. 84-285; (22 U.S.C. 1641)
PERTINENT INTERNATIONAL AGREEMENTS