Applicable Law and its effect on Foregin Military Sales (FMS) Case in Iran-U.S. Claims Tribunal

The Case B-1, As the largest case filed in the Iran-U.S. Claims Tribunal which still is Arbitrating, concerns U.S. Foreign military sales (FMS) to Iran prior to the Islamic Revolution. The Tribunal was established as a means of ending the challenges between the parties based on Algeria's declarations from 1982. Since independent research has not been done on this case, both in terms of its nature and dimensions and in terms of awards and procedures, using the field documents by the parties, along with brief description of the nature of the case B-1 and its background, beside the analysis of the Tribunal procedure in its partial awards, in this research, we attempt to analysis the challenge of determination of applicable law as the most effective choice of the tribunal on arbitration process. In the light of this analysis, it is possible to examine the manner of Tribunal to determine the applicable Law in this case.