Legal Status of Children Born Out of Wedlock A child born out of wedlock is, as the term suggests, a child resulting from an unlawful relationship. Under Iranian law, the legal rights of a child born out of...
Commercial Goodwill and Its Legal Status After Death Commercial goodwill is a tenant’s right acquired by paying a certain amount to the owner of a commercial property at the time of concluding a lease agreement. Through payment of...
Legal Risk and Regulatory Risk and Methods of Managing Them In today’s business environment, familiarity with various market risks is essential. A proper understanding of these risks helps prevent unexpected losses and protects commercial activities. One of the...
International Commercial Arbitration With the significant expansion of international trade, merchants and parties to international commercial transactions increasingly prefer to submit their disputes to arbitration to avoid complex, time-consuming legal proceedings. Failure to employ efficient, expeditious dispute-resolution mechanisms...
Right of Retention in Contracts Under Iranian law, the explicit term “right of retention” is mentioned only in Article 371 of the Commercial Code. According to this provision, a commission agent is entitled to exercise a right of...
