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American International Group Inc and American Life Insurance Company v. Islamic Republic of Iran and Central Insurance of Iran (Bimeh Markazi Iran)

Iran-United States Claims Tribunal.  19 December 1983 .

Published online by Cambridge University Press:  01 January 2021

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Abstract

Claims — Nationality of claims — Companies — Iran-United States Claims Settlement Declaration, 1981 — Requirement that claimant company be a United States corporation — Whether United States corporation entitled to present claim on behalf of foreign subsidiary

Expropriation — Definition — Nationalization — Whether nationalization of entire industry within concept of expropriation — Requirement of compensation in case of lawful nationalization — Whether Iran-United States Treaty of Amity, Economic Relations and Consular Rights, 1955, applicable — Whether Treaty differing from customary international law

International tribunals — Iran-United States Claims Tribunal — Jurisdiction — Nature of claims — Claims before Iran-United States Claims Tribunal not claims of diplomatic protection

Type
Case Report
Copyright
© Cambridge University Press 1991

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