The European Court of Justice, in Luxembourg, has just ruled in favor of investors who faced expropriation during the nationalization of six Slovenian banks in 2013. Better Finance and the PanSlovenian Investors` & Shareholders` Association (VZMD), the organization that has been fighting on behalf of the investors for the past 30 months, see this decision as a victory for investors. The European Court of Justice ruled that “expropriations of and encroachment upon shares and bonds of Slovenian banks were neither necessary nor unavoidable for the restructuring of the banking system and allocation of state aid”. This analysis has been argued by VZMD since the very beginning.