By Maya Lester KC & Michael O’Kane

ECJ judgment in Bank Sepah case interpreting “frozen funds” in EU Iran sanctions regulations

The European Court of Justice has given judgment on a request for a preliminary ruling from the French Cour de cassation on questions arising from Bank Sepah v Overseas Financial Ltd and Oaktree Finance Ltd, concerning creditors’ ability to take enforcement action against assets frozen by EU sanctions on Iran. Case C-340/20. See previous post for the relevant facts and …

IranIran European UnionEuropean Union

About Maya Lester KC

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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...

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