ECtHR: system of compensatory remedies under former Slovenian banking law is incompatible with the right of property

The European Court of Human Rights (ECtHR) has given its Chamber judgment in Pintar and Others v. Slovenia (applications no. 49969/14, 20530/16, 4713/17, 13244/18, and 16311/18), ruling that the extraordinary measures taken by the Bank of Slovenia in 2013-14 in respect of several major Slovenian banks, resulting in the cancellation of all shares or subordinated bonds held by the applicants, breached the right to property under Article 1 of Protocol No. 1 to the European Convention on Human Rights (ECHR). Vide the judgment{%22itemid%22:[%22001-211787%22]}