Decision of U.S. court not to cover compensation payment<br /> process by AXA French insurance company in the U.S.<br />


Decision of U.S. court not to cover compensation payment
process by AXA French insurance company in the U.S.

  • 08-09-2009 21:00:00   | Armenia  |  Politics
YEREVAN, SEPTEMBER 8, NOYAN TAPAN. In response to the inquiry of the RA Ministry of Justice, the Los Angeles Office of AXA French life insurance company's Settlement Claim Fund stated that the recent decision of the U.S. 9th Circuit Court of Appeals will not cover the process of paying insurance compensation to heirs of the Armenian Genocide victims. The heirs will receive these sums until late 2009. The total amount of compensation sums to be paid makes 11 million 350 thousand dollars, NT correspondent was informed by spokeswoman for RA Minister of Justice Lana Mshetsian. To recap, the indicated court ruled that the compensation of insurance sums to heirs of the Armenian Genocide victims is unlawful because the United States has not recognized the Armenian Genocide.
  -   Politics