There are two judgments of the Italian courts applying the EU Blocking Regulation, Council Regulation (EC) 2271/96. In the first case, an Italian company controlled by partners in Iran was notified by its bank that their banking services would be terminated due to concerns about US sanctions. The court ordered an injunction to prevent the bank from terminating its services, …
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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...
Iran
European Union