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Iran-United States Claims Tribunal: Award in Case concerning Phelps Dodge Corp. and Overseas Private Investment Corp. and Iran (Treaty of Amity; Expropriation; OPIC Insurance Settlement; Standard for Compensation)

Published online by Cambridge University Press:  27 February 2017

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Type
Judicial and Similar Proceedings
Information
International Legal Materials , Volume 25 , Issue 3 , May 1986 , pp. 619 - 628
Copyright
Copyright © American Society of International Law 1986

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References

* Reproduced from the text provided to International Legal Materials by the U.S. Department of State. Of the seven claims filed with the Tribunal in which the Overseas Private Investment Corporation was a party, this is the first to be decided by the Tribunal. Five such claims have been settled on agreed terms, and the sixth was recently decided by Chamber One.

2 The Tribunal notes that the International Court of Justice reached a similar conclusion in May 1980. See Case Concerning United States Diplomatic and Consular Staff in Tehran, 1980 I.C.J. 28 (Judgment of 24 May) reprinted in 19 Int'l L. Mat'Is 566 (1980)