–Bi-Weekly News & Analysis of the International Law Office

Palermo Convention: To access or not to access, that is the question!

If you have been following the news lately, you have most probably noticed the buzz around Iran accession to UN Convention against Transnational Organized Crime, also known as Palermo Convention which is the main international instrument in the fight against transnational organized crimes, trafficking of human beings, and terrorism.

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Annulment of Arbitral Awards in Iran

Arbitration is an established institution in Iran. Iran has already accessed to the “New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards” on October 15, 2001 and arbitral awards (both international and domestic) are regularly being enforced by the Iranian Judicial System. However, like all legal systems, there might be situations where the courts can set aside or annul an arbitral award.

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According to the World Health Organization (WHO), “Mental health is defined as a state of well-being in which every individual realizes his or her own potential, can cope with the normal stresses of life, can work productively and fruitfully and is able to make a contribution to her or his community.”

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Code share agreement is a provision where two or more airlines are allowed to share the same flight in which a seat can be bought by passenger on a flight which is functioned by another airline subject to different flight number. In general, the majority of airlines have one or further Code share agreements with other airlines. There is no doubt that Code share has a crucial role in international sphere as it certainly aims to meet the customers’ needs which advantages for both costumers and airliners are undeniable as it enables airline to enlarge its cooperation with other airlines and suggest the various flight timings for customers without bearing any further expenses.

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At first glance, it is worth considering that November 4, 2018 marked as the final day of the 180 days’ period regarding Donald Trump’s May 8, 2018 decision to suspend the USA participation in the Joint Comprehensive Plan of Action (JCPOA). Subsequently, on November 5, 2018, the USA re-imposed the sanctions on the Islamic Republic of Iran. The recent sanctions target the critical sectors of Iran’s economy such as the energy, shipping, shipbuilding and financial sectors.

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A New Start

After more than thirty years of working as an international law office, our hope for a paradigm shift in the economic environment of Iran encourages and entices us to experience a new start by providing the public and our selected clients with bi-weekly, bi-monthly and yearly News & Analysis about the legal developments that are taking place in Iran. Our objective is to help our readers to keep themselves abreast of these developments and to remain aware of all the opportunities that are and will become available to them in the Iranian market.