Organisation: The Washington Post

Bahrain has been ordered to pay over €200 million damages plus costs to two Iranian state-owned banks for the unlawful expropriation of their banking venture in Manama in an act of "political retribution" in the wake of the 2015 Iran nuclear deal – but the state says a set-off means the financial value of the award could be eroded to nothing.

22 November 2021

Bahrain has announced the outcome of criminal proceedings regarding the activities of Iranian banks, as deliberations are under way in a sensitive investment treaty case over whether one of the banks was the victim of a politically-motivated expropriation. 

09 August 2021

UPDATED: The co-founder of a social media app developer has withdrawn a US$300 million lawsuit against US reality television star Kim Kardashian West after agreeing to arbitrate their dispute over ownership of a line of trademarked emojis.

22 August 2019

The first known investment treaty case against Bahrain has made headlines after the state alleged that Iran secretly dodged sanctions for more than a decade with the help of a corrupt bank owned by the claimants that was introduced to the kingdom as a “Trojan horse”.

04 April 2018