We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Iranian Bank Tejarat Loses Appeal Over Asset Freeze

Law360, London (November 29, 2018, 8:07 PM GMT) -- Iranian Bank Tejarat lost its appeal on Thursday to have a lower European court’s decision over an asset freeze linked to Iran’s nuclear ambitions set aside, after the Court of Justice found that the authorities had acted appropriately and had not flouted the bank’s rights.

The EU’s highest court has rejected Bank Tejarat’s bid to overturn a General Court ruling from March 14, 2017, dismissing the bank’s application for the annulment or amendment of various sanctions decisions made by the Council of the European Union between 2012 and 2015.

Tejarat had claimed that its reinstatement on the EU’s sanctions list in...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

map

Kirkland & Ellis LLP has redefined what it means to be the biggest of BigLaw — weighing in at 2,116 attorneys by year end 2018 and becoming the first firm since Law360 began tracking law firm head counts to top 2,000 U.S.-based attorneys.

Related

Sections

Government Agencies