Properties v. United States

OPINION

REGINALD W. GIBSON, Judge:

INTRODUCTION

This takings case arose against the backdrop of foreign relations of the United States with the former government of Yugoslavia. Plaintiff, a lessor of commercial real estate in New York City, had leased commercial and office space to certain agencies of the Yugoslavian government. When the former Yugoslavia began to disintegrate and relations between the United States and Yugoslavia (specifically Serbia) became strained, President Bush issued two executive orders freezing all property in the United States in which the Yugoslavian government had an…