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Iranian Bank Can't Amend Damages Claim In Sanctions Suit

Law360, London (May 9, 2019, 6:27 PM BST) -- A London judge refused Bank Mellat’s bid to add to its $1.6 billion claim against the U.K. government over the enforcement of sanctions that were later struck down, saying Thursday there was not enough time for the amendment to be dealt with ahead of the start of trial next month.

Judge Andrew Popplewell said that there were several factors that went against the Iranian bank in its application for permission to amend its damages suit against HM Treasury. Chief among them was the Treasury’s assertion that Bank Mellat could have filed the application — which included a new alternative claim for...

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