EU threatens to “block” US sanctions on Iran if reimposed

The EU’s ambassador to the US has warned President Trump’s administration that the EU is prepared to block US sanctions on Iran if the US pulls out of the JCPOA nuclear deal. Under the EU’s “blocking regulation”, EU-based companies may be prohibited from complying with extraterritorial US sanctions in certain circumstances, effectively giving them legal protection from the sanctions. Since...

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About Michael O'Kane

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Michael is Senior Partner at Peters & Peters LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters LLP...

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