German companies are watching nervously as a federal judge in New Jersey prepares to rule on a case that could reopen a floodgate of Holocaust related litigation. The suit was filed by the children of Günther and Fritz Wertheim, who ran a thriving Jewish chain store
before fleeing Nazi Germany. Believing their assets worthless, they sold to a German businessman in 1951 for $18,400. In doing so, they lost prized Berlin real estate, according to the $500 million suit against KarstadtQuelle, Germany's biggest retailer, which now...
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