Ten lawyers called a news conference to answer Holocaust survivors’ questions about when they could expect payments from a recent $1.25 billion settlement involving Switzerland’s leading banks. The lawyers in the case said they plan to reach out to survivors through newspaper ads to get their input about how distributions should be made. While telling survivors to have confidence in the restitution process, they said payments from the settlement could take between one and four years.
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The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.