Hostname: page-component-586b7cd67f-vdxz6 Total loading time: 0 Render date: 2024-11-25T08:10:30.893Z Has data issue: false hasContentIssue false

Sola Tiles Inc v. Government of the Islamic Republic of Iran

Iran-United States Claims Tribunal.  22 April 1987 .

Published online by Cambridge University Press:  01 January 2021

Get access

Abstract

Claims — Nationality of claims — Corporation — Requirement that corporation prove United States nationality by proving that at all relevant times 50% or more of its shares were owned by United States citizens — Method of proof — Inferences regarding share ownership — Ownership of claim — Requirement of continuous ownership of claim from date when claim arises to 19 January 1981

Expropriation — Definition — Progressive taking of property — Interference with property amounting to deprivation of ownership — Compensation — Standard of compensation under international law — Appropriate compensation — Valuation of property — Physical assets — Evidence of valuation — Loss of profits and goodwill — Whether undertaking to be valued as a going concern — Business prospects to be assessed in light of political situation in expropriating State

International tribunals — Iran-United States Claims Tribunal — Procedure — Evidence — Evidential difficulties of Claimant denied access to documents — Legitimate inferences — Award of interest and costs — The law and practice of the Iran-United States Claims Tribunal

Type
Case Report
Copyright
© Cambridge University Press 1990

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)