Dutch court backs seizure of SNS Reaal shares, bonds, loans

02/26/2013 | Bloomberg

The Council of State in The Hague, the top administrative court in the Netherlands, has not returned SNS Reaal securities to investors but refuses to prevent them from seeking compensation for losses. The court upheld government seizure of SNS Reaal shares, bonds and subordinated loans, saying Finance Minister Jeroen Dijsselbloem was entitled to intervene.

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