High Court permits redemption of loan notes held by sanctioned entity by payment into court

22 May 2023

High Court permits redemption of loan notes held by sanctioned entity by payment into court

Fortenova Grupa sought to redeem loan notes of €400m issued to Shushary in August 2019 before their maturity date in September 2023 but could not make payments to Shushary because it is a subsidiary...

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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 rights & civil liberties. She has a particular expertise in sanctions...

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