By Maya Lester QC & Michael O’Kane

UK court says US secondary sanctions are a ‘mandatory provision of law’

Yesterday (12 September 2019) the English High Court gave judgment in a claim brought by a Cypriot lender (Lamesa) against an English borrower (Cynergy) about the interpretation of a loan agreement which provided that the borrower would not be in default if it refused to make repayments “in order to comply with any mandatory provision of law” – Lamesa Investments Limited …

United KingdomUnited Kingdom

About Michael O'Kane

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

See profile for Michael O'Kane >

Share this page on: