Cases & Deals

Expropriated SNS Reaal bondholders secure compensation from Dutch State

Client(s) SNS Reaal bondholders

Jones Day successfully assisted SNS Reaal bondholders in obtaining a judgment securing €804 million in compensation from the Dutch State for the nationalization of SNS Reaal NV and SNS Bank NV on February 1, 2013. The judgment was the first to be handed down by the Dutch courts under the Dutch Intervention Act (Interventiewet) of June 13, 2012.