By Maya Lester KC & Michael O’Kane

Dutch court judgment – exercising voting rights can breach sanctions

The Amsterdam Court of Appeal decided on 29 December 2022 that SBK Art, a Russian company sanctioned by the EU in December 2022, cannot exercise its voting rights or attend the meetings of Fortenova Group shareholders because of EU sanctions without a licence. Judgment here. SBK Art is a subsidiary of Sberbank Russia formed in April 2022 to hold Sberbank’s …

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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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