Administration of Finances v Ornstein

• Jurisdiction: Rumania
• Docket Number: 54
• Court: Court of Cassation (Romania)
• Date: 18 June 1926

Roumanian Court of Cassation, Third Chamber.

The same court

Case No. 54

Administration of Finances

and

Ornstein.

Administration of Finances

and

Stier Netti.

State Succession — Succession in Obligations — Succession Not Provided for by Treaty — Article 203 (2) of the Treaty of St. Germain.

Roumania is not responsible, as the result of the annexation of Bucovina, for the debts of the ceding State relating to that province, except to the extent laid down in Article 203 (2) of the Treaty of St. German. Apart from provisions of this kind there is no universal succession by the annexing State, especially when not the whole State, but only a part of its territory, has been annexed.