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Armenians To Share $17m Payout For Ottoman Massacre

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  • Armenians To Share $17m Payout For Ottoman Massacre

    ARMENIANS TO SHARE $17M PAYOUT FOR OTTOMAN MASSACRE
    By Stephen Castle in Brussels

    The Independent, UK
    Oct 14 2005

    Descendants of some of the 1.5 million Armenians killed during the
    collapse of Ottoman rule in 1915 will share a $17m (£9.7m) payout
    after a settlement with the French insurance giant AXA. The relatives
    lodged their legal case in California, home to one of the world's
    largest Armenian communities, claiming for life insurance benefits
    that were never paid. The settlement is likely to be approved in
    November in the US District Court in California.

    Armenians are stepping up their campaign to win formal classification
    of the murders as an act of genocide. Turkey has always denied there
    was a systematic campaign of ethnic cleansing against Armenians,
    saying they were casualties of partisan fighting and of a political
    vacuum during the final days of the Ottoman Empire.

    Ankara says that as many as 300,000 Armenians, and at least as many
    Turks, died during civil strife in eastern Turkey during the First
    World War. Last month the authorities finally allowed the issue to be
    debated on Turkish soil by historians at an academic conference. But
    the organisers had to side-step two legal orders banning it by
    rearranging the venue.

    The California settlement will be administered in France, which also
    has many expatriate Armenian communities and which was one of the first
    countries to recognise the murders as genocide. AXA's headquarters
    are in France and the company operates in the US through subsidiaries.

    Under the settlement, AXA agreed to donate several million dollars to
    various France-based Armenian charities. It will also contribute $11m
    toward a fund to pay valid claims of heirs of policyholders with AXA
    Group subsidiaries that did business in the Turkish Ottoman Empire
    before 1915.

    The AXA case was the second lawsuit of its kind to be settled in
    US courts, although the United States, along with Turkey, does not
    officially recognise the deaths as genocide. In February, New York
    Life agreed to pay $20m to descendants of its Armenian policyholders
    killed in 1915.

    Mark Geragos, an Armenian descendant who was a lawyer for the
    plaintiffs, said: "The AXA and New York Life settlements are important
    building blocks not only toward seeking financial recovery for the
    losses resulting from the Armenian genocide but also in our ultimate
    goal, which is for Turkey and the US to officially acknowledge the
    genocide."

    This month, Turkey launched EU membership talks which are expected
    to last at least a decade. Despite criticism of the stance taken by
    Ankara on the issue, EU member states did not seek to make recognition
    of the Armenian case as genocide a condition of beginning negotiations
    on joining the bloc.

    The failure to acknowledge the genocide has also bedevilled Turkey's
    relations with its neighbour, Armenia. Turkey shut its border with
    Armenia in 1993, angry at the Armenian separatist forces fighting
    for independence from Azerbaijan in the disputed territory of
    Nagorno-Karabakh.

    For Armenians, the behaviour of the Young Turks, the dominant party in
    the Ottoman Empire in 1915, in systematically arranging the deportation
    and killing of 1.5 million Armenians, is central to their national
    self image. They say persecutions continued with varying intensity
    until 1923 when the Ottoman Empire ceased to exist and was replaced
    by the Republic of Turkey.

    Ankara angrily rejects the claim of a planned genocide, but some EU
    politicians still want Turkey to recognise the killings as genocide
    before Ankara is allowed to join the EU.

    Descendants of some of the 1.5 million Armenians killed during the
    collapse of Ottoman rule in 1915 will share a $17m (£9.7m) payout
    after a settlement with the French insurance giant AXA. The relatives
    lodged their legal case in California, home to one of the world's
    largest Armenian communities, claiming for life insurance benefits
    that were never paid. The settlement is likely to be approved in
    November in the US District Court in California.

    Armenians are stepping up their campaign to win formal classification
    of the murders as an act of genocide. Turkey has always denied there
    was a systematic campaign of ethnic cleansing against Armenians,
    saying they were casualties of partisan fighting and of a political
    vacuum during the final days of the Ottoman Empire.

    Ankara says that as many as 300,000 Armenians, and at least as many
    Turks, died during civil strife in eastern Turkey during the First
    World War. Last month the authorities finally allowed the issue to be
    debated on Turkish soil by historians at an academic conference. But
    the organisers had to side-step two legal orders banning it by
    rearranging the venue.

    The California settlement will be administered in France, which also
    has many expatriate Armenian communities and which was one of the first
    countries to recognise the murders as genocide. AXA's headquarters
    are in France and the company operates in the US through subsidiaries.

    Under the settlement, AXA agreed to donate several million dollars to
    various France-based Armenian charities. It will also contribute $11m
    toward a fund to pay valid claims of heirs of policyholders with AXA
    Group subsidiaries that did business in the Turkish Ottoman Empire
    before 1915.

    The AXA case was the second lawsuit of its kind to be settled in
    US courts, although the United States, along with Turkey, does not
    officially recognise the deaths as genocide. In February, New York
    Life agreed to pay $20m to descendants of its Armenian policyholders
    killed in 1915.

    Mark Geragos, an Armenian descendant who was a lawyer for the
    plaintiffs, said: "The AXA and New York Life settlements are important
    building blocks not only toward seeking financial recovery for the
    losses resulting from the Armenian genocide but also in our ultimate
    goal, which is for Turkey and the US to officially acknowledge the
    genocide."

    This month, Turkey launched EU membership talks which are expected
    to last at least a decade. Despite criticism of the stance taken by
    Ankara on the issue, EU member states did not seek to make recognition
    of the Armenian case as genocide a condition of beginning negotiations
    on joining the bloc.

    The failure to acknowledge the genocide has also bedevilled Turkey's
    relations with its neighbour, Armenia. Turkey shut its border with
    Armenia in 1993, angry at the Armenian separatist forces fighting
    for independence from Azerbaijan in the disputed territory of
    Nagorno-Karabakh.

    For Armenians, the behaviour of the Young Turks, the dominant party in
    the Ottoman Empire in 1915, in systematically arranging the deportation
    and killing of 1.5 million Armenians, is central to their national
    self image. They say persecutions continued with varying intensity
    until 1923 when the Ottoman Empire ceased to exist and was replaced
    by the Republic of Turkey.

    Ankara angrily rejects the claim of a planned genocide, but some EU
    politicians still want Turkey to recognise the killings as genocide
    before Ankara is allowed to join the EU.

    --Boundary_(ID_w5yTcrfJaPFUOcjPl4Bi0g)--
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