U.S. Department
of Justice
COMPLETED PROGRAMS - YUGOSLAVIA
PROGRAM OVERVIEW
| First Program | |
| Number of Claims | 1,574 |
| Number of Awards | 876 |
| Amount of Awards - Principal and Interest | $18,417,113 |
| Amount of Fund | $17,000,000 |
| Amount of Payment | 91% of Principal |
| Second Program | |
| Number of Claims | 1,873 |
| Number of Awards | 519 |
| Amount of Awards - Principal | $9,685,093 |
| Amount of Fund | $3,500,000 |
| Amount of Payment | 36.1% of Principal |
The provisions of Title I of the International Claims Settlement Act of 1949 (the Act) authorized the Commission to administer a program to determine claims of nationals of the United States for the nationalization or other taking of property included within the terms of the U.S.-Yugoslav Claims Settlement Agreement of July 19, 1948. That agreement resulted in a fund of $17 million from which payments were made on the awards granted in the claims. During the course of the program, the Commission issued decisions on a total of 1547 claims. It found 876 of those claims to be compensable, and made awards amounting to $18,417,113 in principal. The first Yugoslavia Claims Program was completed on December 31, 1954.
A second claims agreement was concluded between the Governments of the United States and Yugoslavia on November 5, 1964, covering claims against the Government of Yugoslavia which arose subsequent to the 1948 agreement and providing a fund of $3.5 million for payments on awards. The Second Yugoslav Claims Program was also administered by the Commission under authority of section 4(a) of Title I of the Act, adjudicating the claims filed pursuant to the agreement. During the course of the program, the Commission issued decisions on a total of 1873 claims. It found 519 of those claims to be compensable, and made awards amounting to $9,685,093 in principal. The program was completed on July 15, 1969.
STATUTORY AUTHORITY
First and Second Programs – Pub. L. No. 81-455; (22 U.S.C. 1623)