Iran

Iran (Persia) is officially known as the Islamic Republic of Iran. It is a sovereign state in Western-Asia. As the world’s 18th most populous nation, it is home to 81 million inhabitants.

The country is home to some of the world’s oldest civilizations, including the Elamite Kingdoms, which date back to 4 BC. It is a founding member of ECO, NAM, OPEC, UN, and OIC. The country has the largest natural gas reserves in the world and the fourth largest proven oil reserves, making it a major regional and middle power. The nation is also known as a  multinational country which is made up of many linguistic and ethnic groups.

The country became known as the Government of Islamic Republic of Iran after the Islamic Revolution in 1979, after the conditional government met and a referendum was held, with a theocratic constitution--the Constitution of the Islamic Republic of Iran--approved in December of 1979, leading to the end of the monarchy and the Shah fleeing the country.  

The invasion of the  Iranian province of Khuzestan on September 22, 1980 marked the onset of the Iraq-Iran War. Saddam Hussein’s army made several attacks on the country, but the Irani military forces successfully managed to push the Iraqi Army back to their home country. In 1982, the Iranian regime attacked Iraqi territory in an attempt to conquer major cities like Basra. The war lasted through 1988 when Iraqi forces defeated Iran, pushing their remaining troops back to their home-borders. Khomeini went onto accept a truce which was drafted by the United Nations.

The government in Iran is headed by the Supreme Leader, who is responsible for delineation of policies in the country. The elected President has little power in government operations. The Supreme Leader outlines how elections are run in the country, and makes final decisions on the environment, economy, education, foreign policy, and nearly everything else in the country. Prior to being appointed, the President must also gain approval by the Supreme Leader.

Iran’s government central goal is to establish a new world order which is based on justice, world peace, and global collective security. The country maintains diplomatic relations with 99 members of the United Nations, but not the US. The country is a member of G15, IBRD, G24, G77, IDA, IDB, and several other international organizations.

The Iranian legal system was dramatically altered in the Islamic revolution of 1979. Elements of civil law remain, however, the system is largely based on Islamic, or Sharia, law.  The constitution stipulates that the judiciary is independent, but the entire legal system is overseen by the Ministry of Justice.   The Head of the Judiciary is appointed by the Supreme Leader for a term of five years; it is this person’s job to organize the judiciary and oversee justices.

The Iranian court structure includes Revolutionary Courts, Public Courts, Courts of Peace and Supreme Courts of Cassation. There are 70 branches of the Revolutionary Courts. Public courts consist of Civil (205), Special Civil (99), First class criminal (86) and Second Class Criminal (156). Courts of Peace are divided into Ordinary courts (124), and Independent Courts of Peace (125), and Supreme Courts of Cassation (22).  The courts run as an inquisitorial system, rather than adversarial, with the judge listening to both sides and pronouncing judgments, sometimes with help from other justices in serious cases.

The National Law Review covers news and business stories from Iran. From government imposed sanctions on the US and foreign government entities to the country’s major impact on the world’s oil and gas consumption, and policies on nuclear and non-nuclear designations in the country. Visitors can read about election news, government relations, and how Iran impacts the international realm, in oil, energy, nuclear, and other sectors. 

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Jul
8
2022
Reverse CFIUS? S∩IℲƆ? New Outbound Investment Review Process Becoming More Likely Sheppard, Mullin, Richter & Hampton LLP
Jul
15
2010
New Iranian Sanctions Legislation: Summary of Key Provisions Sheppard, Mullin, Richter & Hampton LLP
Jan
20
2016
Airplanes, Pistachios, and New Burger Joint in Tehran: What Changes for United States Under Lighter Iran Sanctions Sheppard, Mullin, Richter & Hampton LLP
Aug
2
2017
One Year From Now, You May Be Out of Iran: Trump Administration Policy and Timeline for Snapback Sheppard, Mullin, Richter & Hampton LLP
Nov
5
2018
Iran Sanctions Are Back On: Can Business Continue? Sheppard, Mullin, Richter & Hampton LLP
Aug
30
2022
In the Interest of National Security – Two New DFARS Rules Reinforce Increased Scrutiny For Chinese-Origin Supply Chains Sheppard, Mullin, Richter & Hampton LLP
Oct
11
2016
Those Three Little Words: OFAC’s Subtle Language Shift Could Create Sweeping Change on Iran Investment Sheppard, Mullin, Richter & Hampton LLP
Oct
9
2010
Implementation Of CISADA: New FAR Requirements Sheppard, Mullin, Richter & Hampton LLP
Mar
11
2021
JCPO-Wait-A-Minute: How New Talks Between the U.S. and Iran Could Revive the Iran Nuclear Deal Sheppard, Mullin, Richter & Hampton LLP
Sep
27
2022
Technology to Iran: OFAC Lifts Certain Iran Sanctions In Response to Protests in Iran Sheppard, Mullin, Richter & Hampton LLP
Mar
6
2017
UPDATE March 6, 2017: President Trump’s Latest Immigration Executive Order Dinsmore & Shohl LLP
Jan
30
2017
President Trump’s Executive Order – Impact of the “Protecting the Nation from Terrorist Attacks by Foreign Nationals” on International Travel Dinsmore & Shohl LLP
Jul
7
2021
U.S. Department of State Announces Extension of Validity for National Interest Exceptions (NIEs) for Travelers from China, Iran, Brazil, South Africa, the Schengen Area, the United Kingdom, Ireland and India Womble Bond Dickinson (US) LLP
Oct
3
2017
Travel Ban, Take 3 Womble Bond Dickinson (US) LLP
Sep
22
2021
Biden Administration: C-19 Travel Bans to be Lifted for Fully Vaccinated Womble Bond Dickinson (US) LLP
Nov
2
2023
Sportswashing: The New Money Laundering and Sanctions Avoidance Mechanism Womble Bond Dickinson (US) LLP
Feb
28
2023
What You Need to Know about the New Russia/Belarus Sanctions, Export Controls, Tariffs & Duties ArentFox Schiff LLP
Jan
30
2024
Commerce Tidies Up the Russia/Belarus Export Controls and Adds Aircraft and Drones (HTS Ch 88) to Its License Requirements ArentFox Schiff LLP
Mar
17
2021
Sanctions and Export Control Developments in the First 50 Days of the Biden Administration Vedder Price
Jul
29
2016
The Boeing-Iran Air Deal: Walking the Line Vedder Price
Mar
7
2017
Revised Travel Ban Issued March 6, 2017 Vedder Price
Nov
5
2018
International Sanctions and the Energy Sector – Part 1: Iran Bracewell LLP
Jan
21
2016
Implementation Day: What Does It Mean for U.S. Companies Interested in Iran? Bracewell LLP
Nov
14
2018
International Sanctions and the Energy Sector – Part 2: Russia Bracewell LLP
Apr
29
2015
Developments in the Existing Sanctions Regime Targeting the Islamic Republic of Iran Hunton Andrews Kurth
Mar
10
2017
President Trump Issues Revised Executive Order Regarding Travel Suspension Hunton Andrews Kurth
Jan
7
2015
The Middle East Energy Sector – Key Themes for 2015 Hunton Andrews Kurth
Oct
3
2017
Breaking News: President Trump Imposes Travel Restrictions against North Korea, Chad, and Venezuela and Removes Restrictions against Sudan; United States Supreme Court Cancels Oral Arguments in Pending Travel Ban Case Hunton Andrews Kurth
Mar
7
2016
U.S. Implements Limited Sanctions Relief with Respect to Iran; Obligation to Report Iran-Related Transactions under U.S. Securities Laws Remains Hunton Andrews Kurth
Sep
23
2021
The End of NIEs Is Nigh – Biden’s Covid Team Announces Travel Restrictions to Be Lifted in November Hunton Andrews Kurth
Aug
31
2012
New Iran Sanctions Legislation Imposes SEC Disclosure Requirement Hunton Andrews Kurth
Aug
1
2014
DC Circuit Finds Buyers in Transactions Under Exon-Florio Review Are Entitled to Due Process Protections Hunton Andrews Kurth
Aug
26
2015
Middle East Business Expansion – The Strategic Themes and Opportunities Hunton Andrews Kurth
Aug
26
2015
Gearing Up for Iran’s Return to the Oil and Gas Market Hunton Andrews Kurth
Oct
15
2011
New OFAC General Licenses Authorize Food Product Sales to Iran and Sudan McDermott Will & Emery
 

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