Treasury Releases Iraqi Claims Forms

On February 11, 1991, the U.S. Treasury has issued regulations and forms to rue reports with respect to claims incurred as a result of the Iraqi military actions. The regulations state that the purpose of the regulations and forms are to begin planning and administrative phase. They do not necessarily signal the start of an official claims process, partly because the U.S. Government is not sure that such claims are sanctioned under international law. Nevertheless, the regulations provide that "Failure to fIle a complete report with respect to claims in a timely fashion not only would constitute failure to comply with the regulations, but would also prevent the inclusion of the information in the U.S. government planning and therefore be prejudicial to the interests of the claimant and other U.S. claimants."