Monday 4 July 2022 | About Us | Contact Us | Register for free email alerts Subscribe for full access Login
Jordan Insurance v AIG litigation – do US sanctions prevent reinsurance payouts?
AIG Europe Ltd has argued in the Commercial Court in London that it cannot pay 414,000 Jordanian Dinars (US $584,000) in reinsurance cover to the Jordan Insurance Company for money said to have been stolen in 2013 from a Syrian bank (International Bank for Trade and Finance Ltd), because that payment would breach US sanctions on Syria. AIG argues that …
Syria
United States
United KingdomAbout Maya Lester QC
For all site-related issues, including subscription and payment issues, please contact info@europeansanctions.com.
Maya Lester QC is a senior barrister (Queen’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human...