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News Brief

September 1, 1999
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U.S. lawyers acting on behalf of Austrian Holocaust survivors launched a campaign Tuesday in Israel to notify claimants of a $40 million settlement involving two Austrian banks. The campaign notifies potential claimants of their right to file for compensation by Oct. 18. The settlement, which was reached in March with Austria’s largest bank, Bank Austria, and its subsidiary Creditanstalt, was swiftly condemned at the time by the World Jewish Congress as not large enough.

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