By Maya Lester KC & Michael O’Kane

UK High Court allows IOEC a remedy in fraud although party to a contract to circumvent Iran sanctions

The UK Commercial Court has given judgment in IOEC v Dean Investments and Ors [2019] EWHC 472 (Comm).  The Court found the defendants liable to IOEC (Iranian Offshore Engineering Company) in fraud, breach of fiduciary duty, and other torts in relation to a US$87 payment for an oil rig. The defendants argued that IOEC should not be granted any relief…...

This content is for subscribers only

To continue reading please login or subscribe.

IranIran United KingdomUnited Kingdom

About Maya Lester KC

For all site-related issues, including subscription and payment issues, please contact info@europeansanctions.com.
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...

See profile for Maya Lester KC >

Share this page on: