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China not Liable for Bonds in U.S.
Courthouse News Service describes the determination by United States District Court Judge Richard J. Howell of the dismissall of a claim by Gloria Bolanos Pons and Aitor Rodriguez Soria against the People's Republic of China for some $2.4 billion in bonds issues by the Chinese government in 1913. The November 5, 2009 report China Off the Hook for $2.4B Bond-Holder Debt states that the claims are barred by the Foreign Sovereign Immunities Act. -- Clemens Kochinke, partner, Berliner, Corcoran & Rowe, LLP, Washington, DC.
Sun, / Embassy Law Link