ASIL:

The Iran-United States Claims Tribunal released a partial award in case A15 (II:A), concerning “the transfer of Iranian properties” from the United States back to Iran as required by the Algiers Declaration.

Before evaluating each of the individual claims pertaining to specific pieces of property, the Court decided on the definition of property, when ownership transfers from one party to the other, when the US obligation began, and the extent of both the US and Iranian obligations under the Declaration. It then evaluated each claim individually and decided on reparations on a case-by-case basis. 

In total, “the Tribunal award[ed] Iran … USD 29,115,971.69” and required the US to return several properties “to Iran within four months of the date of … [the] Partial Award.”

The Tribunal president and seven other members issued separate opinions, dissenting on various issues including the definition of “‘Iranian properties’” and reparation amounts relating to certain claims.

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