Summary

This paper examines the extent to which precedent of the Iran-United States Claims Tribunal has been cited in investment arbitration awards and decisions, in particular those in arbitrations administered by the International Centre for Investment Disputes (ICSID).[1] This citation analysis finds significant citation of Tribunal precedent in ICSID arbitrations, with almost 45% of the ICSID awards that reach the merits of the dispute citing at least one Tribunal award. Not surprisingly, the most frequently cited Tribunal awards are those dealing with expropriation and ...