The U.S. Supreme Court case Juragua Iron Company, Limited v. United States in 1908 revolved around the issue of property rights and compensation for seized assets during wartime. The Juragua Iron Company, a British corporation operating in Cuba, claimed that its properties were unlawfully seized by the U.S military during the Spanish-American War (1898). The company argued that it was entitled to compensation under international law principles recognized by both Britain and America. However, the court ruled against them stating that their claim was not within its jurisdiction as they had failed to exhaust all available remedies before resorting to an international tribunal or arbitration process which is required under customary international law norms on diplomatic protection of aliens' property rights abroad.

In the dissenting opinion for the case of Juragua Iron Company, Limited v. United States, it was argued that the U.S. government had no right to seize and sell property owned by a foreign corporation operating in Cuba during wartime without providing just compensation. The dissenting justices contended that such an action violated international law principles and infringed upon corporate rights protected under both American and Cuban laws at that time. They also disagreed with the majority's interpretation of war powers granted to Congress under Article I, Section 8 of the Constitution, asserting these did not extend to expropriating private property without due process or fair remuneration. Furthermore, they believed this decision set a dangerous precedent for future conflicts where similar seizures could occur unjustly.