It's all about Obama: What is in store for the lawsuit against Turkish government?

The fate of the recent lawsuit filed by American-Armenians against the Turkish Government and two banks over Genocide-related claims will depend on what US administration's position will be, Turkologist Artak Shakaryan told a press conference today.

"Everything will depend on US administration and [President Barack] Obama himself," said he, adding that if Turkey turns to US over that claim, then Washington can point to the August 20, 2009 ruling by the 9th Federal Court of Appeals which overrides a ruling by the California State Law which allowed the heir of the Armenian Genocide survivors to claim the restoration of their rights and return of their property from foreign companies.

While reaching that ruling the court had pointed to the fact that the district courts cannot examine such cases as the US Government has not officially recognized the 1915 massacres of Armenians in the Ottoman Empire as Genocide.

On July 29 Armenian-American lawyers Garbis Davouyan of Los Angeles and Hrayr Turabian of Queens, N.Y filed a federal lawsuit against the Turkish government and two banks seeking compensation for the heirs of Armenians whose property was seized during the Armenian Genocide.