By Maya Lester KC & Michael O’Kane

EU Court upholds sanctions on Russian banks & energy companies

The EU General Court has dismissed actions to annul the EU’s sanctions that relate to Russian banks and energy companies: DenizBank, Sberbank, VTB Bank, Vnesheconombank, PSC Prominvestbank, Rosneft, and Gazprom Neft. The Court held (in brief summary) that: a.           These measures (even though they are not the asset freeze provisions) are targeted sanctions to which the due process requirements (reasons …

RussiaRussia European UnionEuropean Union

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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