With the encouragement from high-ranking officials in the Clinton administration and the German government, a $5.3 billion global settlement has been struck in the class-action lawsuits against German companies accused of using slave labor during the Nazi era.

After months of negotiations, a breakthrough came when the German government agreed to match the $2.6 billion that had been pledged by industry to compensate those forced to work for Hitler’s war machine.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]