English commercial court rejects argument that European sanctions make payment under contract illegal / impossible

14 August 2013

English commercial court rejects argument that European sanctions make payment under contract illegal / impossible

The Commercial Court has granted summary judgment to Bank Melli, Persia International Bank and a German bank (DVB Bank SE) to recover over €40 million outstanding under a syndicated post-delivery ship finance facility from...

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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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