http://www.iusct.net/ This is the website of the IRAN-UNITED STATES CLAIMS TRIBUNAL.  It's still active.  The Iran-United States Claims Tribunal was established on 19 January 1981 by the Is  1ea4  lamic Republic of Iran and the United States of America to resolve certain claims by nationals of one State Party against the other State Party and certain claims between the State Parties. To date, the Tribunal has finalized over 3,900 cases. Currently on the Tribunal’s docket are several large and complex claims between the Islamic Republic of Iran and the United States of America.  The specific case is Case No. B1. We had 600 million bucks of Iran's money in a bank account set aside for military sales.  When the revolution hit we seized this money and this dispute started in 90 or 91 we gave them back 200 million and thus owed $400 million. Iran was asking the court for $10 billion. IUSCT Case No. B1  The January settlement for $1.7 billion likely relates to IUSCT Case No. B1, which is the IUSCT’s only remaining case involving military sales to Iran and a trust fund used for those sales. The settlement concerns a $400 million deposit into a Pentagon trust fund by the deposed shah for the purchase of fighter jets, which, as a result of the Hostage Crisis, the U.S. never delivered. Instead, the U.S. froze the deposit as required by the president’s executive orders 47 and Iran filed a claim for their return in 1981.48 Like Case No. B1, several IUSCT claims arose from foreign military sales programs (“FMSPs”) between Iran and the U.S.49 By 1979, Iran had an FMSP valued at $20 billion. When the IUSCT turned its attention to Case No. B1, Iran invited the Tribunal to order U.S. repayment of the $400 million deposit, plus an additional $10 billion in interest accrued during the course of the 35-year claim. Believing that the Tribunal’s decision was imminent and that the award to Iran would be a similarly large figure, the White House engaged Iran in mediated settlement negotiations at the IUSCT. On January 17, 2016, Secretary of State John Kerry announced for the first time that the U.S. would return the $400 million held in the Trust Fund, plus $1.3 billion in interest, calculated at a reasonable rate, which would prevent Iran from pursuing a larger award from the IUSCT.  https://elibrary.law.psu.edu/cgi/viewcontent.cgi?article=1206&context=arbitrationlawreview