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French Court Extends Term Of Filling Applications For Insurance Comp

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  • French Court Extends Term Of Filling Applications For Insurance Comp

    FRENCH COURT EXTENDS TERM OF FILLING APPLICATIONS FOR INSURANCE COMPENSATIONS OF ARMENIAN GENOCIDE VICTIMS

    ARKA News Agency
    Aug 31 2007
    Armenia

    YEREVAN, August 31. /ARKA/. The French court has extended the term of
    filling applications for paying insurance compensations to descendants
    of policyholders who perished during the Armenian Genocide from
    October 1, 2006 to January 7, 2008.

    According to Arman Baghdoyan, Director of the firm of attorneys
    "Vardges Yeghyayan".

    He pointed out that lists of 7,000 Armenians in the Ottoman Turkey
    who were policyholders of the French companies L'Union Vie, Caisse
    Paternelle è La Confiance, the legal successor of which if the AXA
    Insurance Company.

    "The lion's share of Armenians' insurance policies belonged to L'Union
    Vie, which had been operating in the Ottoman Empire since the 1870s,"
    Baghdoyan said.

    According to Baghdoyan, the French court has agreed upon forming
    a commission, the members of which are three citizens of France of
    Armenian origin.

    The total sum of insurance compensations to descendants of the Armenian
    Genocide victims makes $11.5mln. Another $3mln will go to Armenian
    benevolent organizations.

    Committed by the Young Turkish Government, the Armenian Genocide is
    the first genocide of the 20th century. The massacres took lives of
    about half million Armenians in Western Armenia which was under the
    rule of the Ottoman Turkey.

    Uruguay, Lithuania, Russia, France, as well as the Lower chamber
    of Italy, 40 States in the USA, the parliaments of Greece, Cyprus,
    Argentina, Belgium, Wales, the National Assembly of Switzerland, the
    House of Commons of Canada and the Polish Seim have all recognized
    the Armenian Genocide.

    --Boundary_(ID_lCy649Gea1Ngrf0Nyw8rrw)- -
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