Top UN court rejects Iranian bid to free assets frozen by US

Top UN court rejects Iranian bid to free assets frozen by US

The United Nations’ top court on Thursday rejected Tehran’s legal bid to free up some $2 billion in Iranian central bank assets frozen by U.S. authorities to be paid in compensation to victims of a 1983 bombing in Lebanon and other attacks linked to Iran. In a 10-5 majority ruling, the I...

World Court rules U.S. was wrong to freeze Iranian assets

In a partial victory for Iran, judges at the International Court of Justice (ICJ) on Thursday ruled that Washington had illegally allowed courts to freeze the assets of Iranian companies and ordered the United States to pay compensation, the amount of which will be determined later.

ICJ rejects Iranian bid to free assets frozen by US

The International Court of Justice also found the US freeze of Iranian assets illegal and ordered Washington to remove sanctions impediments.

ICJ Orders U.S. to Compensate Iran for Illegally Freezing Assets

The court found that the U.S. acted in violation of the Treaty of Amity and ordered it to compensate Iran for harms experienced.

International Court of Justice orders US to compensate Iranian companies impacted by “unlawful” asset freezes – Real News No Bullshit

The International Court of Justice (ICJ) has ruled that the United States must compensate Iranian companies due to the unlawful freezing of their assets by US courts. Although the specific amount was not determined in the ruling, it will be established in a subsequent phase. The ICJ, also known as the World Court, is the United Nations’ highest legal authority. Despite this, the ICJ stated that the United States lacked jurisdiction over $…

Top UN court rejects Iran’s bid to free frozen central bank assets

However, world court orders US to pay compensation