Word: courtly
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Dates: during 1970-1979
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Thus the operative phrase in Carter's press conference was his vow to pursue a "peaceful solution." Accordingly, the U.S. filed suit against Iran in the International Court of Justice at The Hague, asking that Tehran be ordered to free the hostages and return the embassy to U.S. control. The court can adjudicate disputes between nations under a 1961 convention that was signed by both the U.S. and Iran. Court President Sir Humphrey Waldock summoned the 15 judges to a hearing next Monday. He also asked Iran to send a representative. Nonetheless, the suit was largely a symbolic gesture...
...General Benjamin R. Civiletti recommended that a special prosecutor be appointed to look further into allegations that Jordan had snorted cocaine. Soon afterward, the Department of Justice announced that New York City Attorney Arthur H. Christy, 56, a Republican, had been appointed to the position by a special federal court...
That was certainly true for the West German government. In a move that left Bonn officials sputtering in helpless surprise, Morgan Guaranty Trust, the U.S.'s fifth largest bank and a leading creditor of the Iranian government, quietly went into an Essen court and attached Iran's 25% share of two of West Germany's best-known companies, Friedrich Krupp GmbH, a diversified steel and engineering combine (1978 sales: $5.9 billion), and Deutsche Babcock, a manufacturer of industrial equipment (1978 sales: $1.6 billion). Iranian stakes in the two companies were acquired under the Shah...
...West Germans, the Morgan Guaranty action was an unnecessary power play that, because of the court action, threatened to propel West Germany directly into the U.S.-Iranian conflict. Said a finance ministry official in Bonn: "It was a damned stupid thing to do. This is endangering not only our business interests, but the lives of 1,500 West Germans still in Iran...
...attachment order must be followed by court trial in which Morgan Guaranty is expected to argue that it needs to hold onto the shares until Tehran guarantees that its loans will be repaid. Meanwhile, more asset seizures seem likely. Asserted an officer of a New York City multinational bank: "We are going to grab every Iranian asset in sight. There is already a line of banks halfway down the block in West Germany waiting to do the same thing...