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 US illegally froze some Iranian assets

By Stephanie van den Berg THE HAGUE (Reuters) – In a partial victory for Iran, judges at the International Court of Justice (ICE) on Thursday ruled Washington had illegally allowed courts to freeze assets of some Iranian companies and ordered the United States to pay compensation, the amount of which will be determined later. However, in a blow for Tehran, the World Court said it did not have jurisdiction over $1.75 billion in frozen assets from…

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.

The International Court of Justice partially upheld Iran's claim in the US in the case of confiscated assets

The International Court of Justice on Thursday ruled that the United States illegally allowed the freezing of assets of some Iranian companies and ordered Washington to negotiate compensation with Tehran for damage caused by these actions.

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.