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Court of Appeals Confirms Verdict in Favor of AGBU Re Melkonian Est.

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  • Court of Appeals Confirms Verdict in Favor of AGBU Re Melkonian Est.

    AGBU Press Office
    55 East 59th Street
    New York, NY 10022-1112
    Phone: 212.319.6383, x118
    Fax: 212.319.6507
    Email: [email protected]
    Website: www.agbu.org

    PRESS RELEASE

    Monday, May 14, 2007

    Court of Appeals Confirms Verdict in Favor of AGBU Regarding the
    Melkonian Estate

    On May 8, 2007, the United States Court of Appeals (9th Circuit)
    upheld the ruling of the District Court in connection with the
    Melkonian Educational Institute, in favor of AGBU. His Beatitude
    Archbishop Mesrob Mutafyan, Patriarch of Constantinople (Istanbul),
    had initiated legal proceedings against AGBU, challenging AGBU's full
    rights of ownership in connection with the Melkonian property in
    Nicosia, Cyprus.

    The District Court of Central California, in its ruling dated April
    15, 2005, had dismissed the Patriarch's claims without leave to amend
    or repeal.

    Established in 1906, AGBU (www.agbu.org) is the world's largest
    non-profit Armenian organization. Headquartered in New York City, AGBU
    preserves and promotes the Armenian identity and heritage through
    educational, cultural and humanitarian programs, annually serving some
    400,000 Armenians in 35 countries.
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