Summary

Portrait of Tom C. Clark Tom C. Clark Cities Service Company v. McGrath…

A more serious question is whether application of the seizure provisions of the Act to petitioners will take their property in violation of the Fifth Amendment, unless they have a remedy against the United States in the event a foreign court holds them liable to a holder in due course of the debentures. While petitioners concede that the Act discharges them from liability in any court in the United States, [8] they contend that they have extensive properties over the world which subject them to foreign suits from which the Act affords no certain protection.
Source: Wikisource

Portrait of Tom C. Clark Tom C. Clark Cities Service Company v. McGrath…

Petitioners readily admit that the court of the country in which suit is brought may apply the laws of the United States and recognize their prior payment to the Attorney General as a complete defense; and that the holder, if qualified, might file a claim under the Act. Nevertheless, they insist, there remains at least the possibility that they will be exposed to liability in a foreign court.
Source: Wikisource

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