By Maya Lester QC & Michael O’Kane

French ECJ reference on enforcement action against frozen assets

The French Cour de Cassation has made a request to the European Court of Justice for a preliminary ruling on questions concerning creditors’ ability to take enforcement action against assets frozen by EU sanctions regulations. The court referred the questions in order to decide appeals in case Bank Sepah v Overseas Financial Ltd and Oaktree Finance Ltd (judgment here). In …

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About Maya Lester QC

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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...

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