Part I of this two-part post looked at the recent settlement at the Iran-United States Claims Tribunal (“IUSCT” or Tribunal). This Part II looks at past settlements (one significant and unique settlement in particular) and the future of the Tribunal. Past Settlements at the IUSCT The Iran-US relationship over the past few decades has undoubtedly…

Part I of this two-part post examines the recent settlement at the Iran-United States Claims Tribunal (“IUSCT” or Tribunal) and the case it likely pertains to. Part II will look at past settlements and the future of the Tribunal. The Tribunal The IUSCT was established in 1981 to address the crisis in relations between Iran…