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ICJ to Hear Iran’s Lawsuit Against US Over Frozen Assets

ICJ to Hear Iran’s Lawsuit Against US Over Frozen AssetsICJ to Hear Iran’s Lawsuit Against US Over Frozen Assets

The UN's top court will in October hear a case brought by Iran against the United States seeking to recover billions in frozen assets, which US courts say should go to American victims of terror attacks.
The International Court of Justice said in a statement on Friday it will "hold public hearings in the case concerning Certain Iranian Assets (Islamic Republic of Iran vs. United States of America), from Monday 8 to Friday 12 October 2018" in The Hague, Netherlands.
The hearings "will be devoted to preliminary objections raised by the United States," the statement added, after which judges will decide whether or not they can rule in the dispute, AFP reported. 
The case was lodged by Tehran in June 2016 accusing the US of breaking a decades-old bilateral treaty, dating from before the 1979 Islamic Revolution, by seizing Iranian financial assets and those of Iranian companies.
US courts have "awarded total damages of over $56 billion ... against Iran in respect of its alleged involvement in various terrorist acts mainly outside the US," Iran said.

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