Iranian Ministry of Defence Unable to Enforce Interest Component of Arbitration Award

Bracewell's Robert Meade examines the High Court’s decision in Ministry of Defence and Support for Armed Forces of the Islamic Republic of Iran v International Military Services Ltd that, after an arbitration award was made in favour of the claimant, Iranian Ministry of Defence, the defendant, English arms supplier, was not liable for post-award interest accruing during the period that the claimant was designated as a sanctioned entity under EU sanctions against Iran.  

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