EU to launch US-Iran sanctions blocking statute tomorrow

In light of President Trump’s decision to cease US participation in the JCPOA and to reimpose US sanctions on Iran, the President of the EU Commission Jean-Claude Juncker has announced that, tomorrow at 10.30am, the EU Commission will “[launch] the process [of activating] the ‘blocking statute’ from 1996”, in order to “protect European companies” from the extraterritorial effects of US...

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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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