EU Court rejects Iran sanctions damages claims

Iran Insurance Company and Post Bank Iran have had their damages claims dismissed in the EU General Court. They claimed damages for losses arising from their July 2010 to November 2013 EU Iran sanctions listings, which were annulled in September 2013 (see previous blog).

The court rejected the claims on the basis that the applicants had not sufficiently proved their losses. Judgments here: T-558/15 and T-559/15.

IranIran European UnionEuropean Union

About Maya Lester QC

Maya Lester QC

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 rights & civil liberties. She has a particular expertise in sanctions. The legal directories say she is the...

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