• Delayed payment penalty for foreign currencies under Iran law - www.rezvanianinternational.com

Delayed Payment Penalty in Iran

July 23rd, 2019|

In a recent arbitration under the Rules of Arbitration Centre of Iran Chamber (ACIC) with my chair as the sole arbitrator, a question arose as to the matter of delayed payment penalty for foreign currencies [...]

  • Time Limitaion in Iran Arbitration_Oveis Rezvanian

Time limitation in Iran arbitration

June 4th, 2019|

Time limit for rendering arbitration award under Iran law is a controversial matter, particularly when it comes to domestic ad-hoc arbitration. The common practice in Iran arbitration suggests that the default duration for rendering the [...]