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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Oct
29
2011
Prison Time and Export Controls: University Professor's Case Illustrates Dangers of Ignoring Export Compliance Sheppard, Mullin, Richter & Hampton LLP
Jun
11
2013
Office of Foreign Assets Control (OFAC) Continues to Expand the Scope of Iranian Sanctions Sheppard, Mullin, Richter & Hampton LLP
Aug
17
2016
Layover in Tehran: United States Authorizes Carriers to Land Civil Aircraft in Iran Sheppard, Mullin, Richter & Hampton LLP
Aug
20
2019
How to Steal $10 Billion from Europe Sheppard, Mullin, Richter & Hampton LLP
Dec
18
2011
Clarity Required: Iran Sanctions Convictions Reversed in U.S. v. Banki Sheppard, Mullin, Richter & Hampton LLP
Oct
9
2013
Politics and Consequences: An Update on U.S. Sanctions Against Iran Sheppard, Mullin, Richter & Hampton 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
Jan
12
2016
Selling Aircraft to Iran: Are Clear Skies or Turbulence Ahead for Exporters Sheppard, Mullin, Richter & Hampton LLP
Dec
7
2016
The Table Flip: Trump, the Iran Nuclear Deal, and American Business Sheppard, Mullin, Richter & Hampton LLP
Jun
28
2018
5 Weird Things About the Trump Trade Agenda: Disruptive Innovation On a Global Scale Sheppard, Mullin, Richter & Hampton LLP
Dec
19
2011
Aiming for a Moving Target: Bad and Good News on Changing Iran Sanctions Sheppard, Mullin, Richter & Hampton LLP
Oct
10
2013
The European Court of Justice Overturns, Unfreezes EU Iran Sanctions Sheppard, Mullin, Richter & Hampton LLP
Jan
7
2020
Iran’s Imminent Cybersecurity Threat Sheppard, Mullin, Richter & Hampton LLP
Oct
13
2017
On October 15, President Trump Plans to Decertify the Iran Nuclear Agreement Sheppard, Mullin, Richter & Hampton LLP
Jan
9
2014
Iran Sanctions: 2013 and Beyond Sheppard, Mullin, Richter & Hampton LLP
Jul
16
2015
Implementation Day: Do the Rules Let You Play in the New Ballgame for Business in Iran? Sheppard, Mullin, Richter & Hampton LLP
Aug
7
2018
Stuck in the Middle With You: EU Blocking Statutes, Iran Sanctions, and the Thousands of Businesses Caught In Between Sheppard, Mullin, Richter & Hampton LLP
Feb
6
2014
Iran Sanctions: Every Day Above Ground is a Good Day Sheppard, Mullin, Richter & Hampton LLP
Jan
20
2016
US and EU Iran Sanctions Lifted: How to Proceed in Aviation Sector? Sheppard, Mullin, Richter & Hampton 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
Aug
1
2017
In the Chaos of (Trade) War, Where Does Your Company Find Peace? Sheppard, Mullin, Richter & Hampton LLP
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
Sep
18
2015
Iran Nuclear Deal Clears Senate Obstacle, But Will “Snap-Back” Bite? Sheppard, Mullin, Richter & Hampton LLP
Nov
29
2022
OFAC Continues Focus on Virtual Currency Industry with Announced Settlement with Payward, Inc. Sheppard, Mullin, Richter & Hampton LLP
Jun
19
2011
California and Florida Lead Trend of New State-Level Iran Sanctions Sheppard, Mullin, Richter & Hampton LLP
Feb
16
2013
New Law Expands Scope of Iran Sanctions In New Ways Sheppard, Mullin, Richter & Hampton LLP
 

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