The heir to the Austrian branch of the Rothschild family sued the Vienna authorities over property seized by the Nazis during the Second World War, The Financial Times informs.
The publication reports that the great-grandson of Albert von Rothschild, an American investor Geoffrey Hoguet appealed to the court.
The foundation was founded by Baron Albert von Rothschild in 1905, which, among other things, owned several buildings, including a palace, where one of the world's first psychiatric hospitals was located. In 1938, the fund was confiscated by the Nazis, like other Rothschild property in Austria. In 1956, it was restored, however, according to Geoffrey Hoguet, the Rothschilds were not informed about this.
