The Jurisprudence of the Iran-United States Claims Tribunal

This book charts the work of the Iran-US Claims Tribunal which was established in the wake of the breakdown of relations between the United States and Iran after the Iranian revolution in 1979. The seizure of the US Embassy and US assets in Iran created a rift between the US and Iran which led to the expulsion and expropriation of US property. The US retaliated by freezing all Iranian assets in America including funds held in US banks. The Tribunal which was created after extensive international negotiations involving other governments was funded by the Iranian Government to settle all outstanding claims between Government and Government, US nationals against the Iranian Government and Iranian nationals against the US Government. The tribunal was divided into three chambers in the Hague: US, Iran and a neutral judge sat on each of the Tribunals. The work of the Tribunal is of great interest to international lawyers and arbitrators because it is a large scale international Tribunal trying to deal with the settlement of large claims against governments on behalf of other governments and domestic citizens. The application of the principles developed by the Tribunal to other areas of international law is considerable so the book will be of general interest to a wide range of international lawyers.