By Maya Lester KC & Michael O’Kane

Another judgment on the listing of subsidiaries: a partial win for Bank Saderat Plc in the European court

Bank Saderat Plc is a United Kingdom subsidiary of Bank Saderat Iran. Bank Saderat Iran (the parent company) recently won its European Court challenge to its designation on the EU Iranian sanctions list on the grounds that the reasons given for including it were too vague and the Council had not assessed the evidence against it; Case T-494/10 Bank Saderat Iran…...

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About Maya Lester KC

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Maya Lester KC is a senior barrister (King’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human...

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