Interhandel: The Court’s Judgment of March 21, 1959, on the Preliminary Objections of the United States

Abstract

In its Judgment of March 21, 1959, on the Preliminary Objections of the United States, the International Court of Justice held, by a vote of 9 to 6, that the Swiss application of October 2, 1957, requesting the Court to decide that the United States was under an obligation to restore the vested American assets of Interhandel or to submit the dispute to arbitration or conciliation, was inadmissible because Interhandel had not yet exhausted local remedies available in the United States courts.