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...hundreds of thousands of dollars in legal fees. The most optimistic estimates are that the panel will still be sitting in 1985. Worst of all, no one expects that the $1 billion settlement account will come close to covering the legitimate claims for compensation. Though Iran has promised to replenish the fund, that too remains in doubt. Thus, the companies face the prospect of protracted litigation with only partial return, or none at all, to reward them for their trouble...

Author: /time Magazine | Title: Unfrozen Assets | 11/2/1981 | See Source »

...estimated $12 billion that Carter had frozen during the hostage crisis. Of the newly freed assets, $1.3 billion will now return to Iran. The remaining $1 billion will go into a special fund to cover awards by an arbitration tribunal meeting at The Hague. (Iran is pledged to replenish this fund so as to keep a minimum balance of $500 million.) It is to this body that U.S. companies must now submit their claims against Iran. The tribunal, comprising three Iranians, three Americans and three neutral arbitrators, met at The Hague last week to set up ground rules, but will...

Author: /time Magazine | Title: The Great Satan Pays Up | 7/13/1981 | See Source »

...companies will use. With royalties between 0.5-5 per cent of sales, it means big money. "We think this might be Stanford's big hit." William Massey, university vice president for business and finance, said. The hundreds of millions it could bring in will help future research and replenish sagging budgets. The biggest problem Stanford faces includes enforcing its patent as companies will certainly try to circumvent the direct applications of the procedure...

Author: By Michael Stein, | Title: Capitalists Dream of Genes | 3/11/1981 | See Source »

They are counting on a good catch to replenish freezer stocks back home. They have wood for a fire, coffee and several pounds of deer sausage to eat. The day seems to be shaping up well...

Author: /time Magazine | Title: In Ohio: Rescue from an Icy Island | 2/16/1981 | See Source »

...undoubtedly wanted to give Thailand a demonstration of its military muscle. Viet Nam has long accused Thailand of providing military support to the Khmer Rouge and Khmer Serei guerrillas. Most observers say that the charge is accurate. Khmer soldiers, with Thai acquiescence, habitually seek refuge in the border camps, replenish their food supplies and then return to Cambodia to fight. Thailand, like the U.N., the U.S., China and several other Asian states, has refused to recognize the Hanoi-sponsored Heng Samrin government, even though it succeeded the vicious, genocidal reign...

Author: /time Magazine | Title: SOUTHEAST ASIA: A Show of Military Muscle | 7/7/1980 | See Source »

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