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. 

Custom text Title Organization
Aug
23
2016
OFAC Announced Settlement Agreements with Two Companies for Iran and Sudan Sanctions Violations Squire Patton Boggs (US) LLP
Aug
23
2016
Federica Mogherini Issues Statement on Next Steps for EU Sanctions on Iran Squire Patton Boggs (US) LLP
Aug
17
2016
Layover in Tehran: United States Authorizes Carriers to Land Civil Aircraft in Iran Sheppard, Mullin, Richter & Hampton LLP
Jul
29
2016
The Boeing-Iran Air Deal: Walking the Line Vedder Price
Jul
21
2016
Iran Legislative Action, Venezuela Sanctions Bill, TTIP: Trade Talk (11-16 July 2016 Squire Patton Boggs (US) LLP
Jun
9
2016
Europe Opens Routes for Sanctioned Iran Airline: Flying the Too-Friendly Skies? Sheppard, Mullin, Richter & Hampton LLP
May
26
2016
European Parliament Committee on International Trade Proposes New Position on Iran Squire Patton Boggs (US) LLP
May
25
2016
EU Renews Its Sanctions Relating to Human Rights Violation in Iran Until 13 April 2017 Squire Patton Boggs (US) LLP
May
25
2016
UK Passes Export Control (Iran Sanctions) Order Following Changes to EU Sanctions on Iran Squire Patton Boggs (US) LLP
May
4
2016
Recent Court Decision Provides Insight Into Enforcement of OFAC Sanctions Holland & Hart LLP
Apr
21
2016
Aviation Sanctions Update—Iran and Cuba Morgan, Lewis & Bockius LLP
Apr
20
2016
New Business Opportunities in Iran! But Who Will Be Your Banker? Non-U.S. Banks Hesitant to Process Lawful Iran Transactions…and for Good Reason Sheppard, Mullin, Richter & Hampton LLP
Apr
18
2016
Global Steel, House MTB Reform Bill, Iran Sanctions: Trade Talk – Week in Review (11-15 April 2016) Squire Patton Boggs (US) LLP
Apr
14
2016
OFAC General License Facilitates Negotiations With Iran for Commercial Passenger Aircraft Katten
Mar
25
2016
U.S. Treasury Sanctions UK Individuals and Businesses for Dealings with Iranian Commercial Airline Holland & Hart LLP
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
Feb
22
2016
Iran Secondary Sanctions Relaxation: Effect on Shipping and Related Activities Morgan, Lewis & Bockius LLP
Feb
12
2016
Canada Relaxes Iran Sanctions – Making it Easier to do Business with Iran Dickinson Wright PLLC
Feb
8
2016
IRAN SANCTIONS IMPLEMENTATION DAY: Engaging in Business in Iran through Foreign Subsidiaries? Armstrong Teasdale
Feb
4
2016
2016: Friend or Foe in Face of Global Oil Pricing Crisis? Squire Patton Boggs (US) LLP
Jan
28
2016
Some Sanctions Relief for Iran, but Mostly Status Quo for U.S. Auto Industry Dickinson Wright PLLC
Jan
25
2016
House to Vote on Iran-Sanctions Bill, Measure to Electrify Africa; Some Congressional Hearings to Focus on Countering ISIL and U.S. Strategy for Syria and Iraq Squire Patton Boggs (US) LLP
Jan
22
2016
US and EU Iran Sanctions Relief: What Non-US Persons Need to Know Morgan, Lewis & Bockius LLP
Jan
22
2016
"Implementation Day" Brings Openings for Commercial Aircraft Sales With Iran Katten
Jan
21
2016
Implementation Day: What Does It Mean for U.S. Companies Interested in Iran? Bracewell 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
Jan
20
2016
Sanctions on Iran Lifted - But Not for Most U.S. Companies Barnes & Thornburg LLP
Jan
20
2016
Implementation of Joint Comprehensive Plan of Action Results in (Some) Easing of Iran Sanctions Faegre Drinker
Jan
20
2016
US and EU Iran Sanctions Lifted: How to Proceed in Aviation Sector? Sheppard, Mullin, Richter & Hampton LLP
Jan
20
2016
United States and European Union Ease Trade Sanctions Against Iran Pursuant to Nuclear Agreement McDermott Will & Emery
Jan
20
2016
“Implementation Day” Arrives, Triggering Relaxation of US Sanctions Against Iran Morgan, Lewis & Bockius LLP
Jan
19
2016
United States, EU Implement Significant Iran Sanctions Relief Covington & Burling LLP
Jan
15
2016
Saudi F-15 Fighter Support Contract Decision Holds Keys To Winning Bid Protests . . . and To Winning Proposals Holland & Hart LLP
Jan
12
2016
Selling Aircraft to Iran: Are Clear Skies or Turbulence Ahead for Exporters Sheppard, Mullin, Richter & Hampton LLP
Jan
11
2016
Congress Focuses on Nonproliferation (Iran, North Korea); President Obama Focuses on State of Union Address Squire Patton Boggs (US) LLP
Nov
16
2015
State Department's Recent Federal Register Notice Marks Opening Steps Toward Access to Iranian Market for US Commercial Aircraft Industry Katten
Oct
26
2015
President Obama Hosts Indonesian President; Congress Scrutinizes The U.S. Middle East Policy; House Vote Ahead On Reauthorization Of The U.S. Ex-Im Bank Squire Patton Boggs (US) LLP
Sep
21
2015
Iran Remains a Top Priority for Szubin Holland & Hart LLP
Sep
18
2015
Iran Nuclear Deal Clears Senate Obstacle, But Will “Snap-Back” Bite? Sheppard, Mullin, Richter & Hampton LLP
Sep
14
2015
Congress Continues to Focus on the Iran Nuclear Deal; The Administration Continues to Scrutinize Russia’s Activities; UNGA Opens in New York City Squire Patton Boggs (US) LLP
Aug
26
2015
Gearing Up for Iran’s Return to the Oil and Gas Market Hunton Andrews Kurth
Aug
26
2015
Middle East Business Expansion – The Strategic Themes and Opportunities Hunton Andrews Kurth
Aug
17
2015
Switzerland Is the First Country to Lift Some Sanctions on Iran Morgan, Lewis & Bockius LLP
Jul
21
2015
There Are No Sacred Dates - Joint Plan of Action Negotiations with Iran Holland & Hart LLP
Jul
20
2015
Obama Administration Reaches Out To Congress On The Iran Deal; TPP Chief Negotiators To Meet, Push To Conclude A Deal; TIP Report Overdue Squire Patton Boggs (US) LLP
Jul
17
2015
Historic Agreement Reached with Iran—Iranian Nuclear Commitments in Exchange for Sanctions Relief McDermott Will & Emery
Jul
16
2015
Implementation Day: Do the Rules Let You Play in the New Ballgame for Business in Iran? Sheppard, Mullin, Richter & Hampton LLP
Jul
15
2015
Negotiators Have Reached Deal with Iran – U.S. Persons Should Not Expect Quick Relief From Sanctions Faegre Drinker
Jul
15
2015
Joint Plan of Action Regarding Iran's Nuclear Program Announced Morgan, Lewis & Bockius LLP
Jul
15
2015
A Break From the Past: Historic Deal with Iran Marks A New Day in U.S.-Iran Relations Sheppard, Mullin, Richter & Hampton LLP
 

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