EU court says no need to adjudicate on Bank Mellat’s case post JCPOA

CJEU1The Court of Justice has rejected Bank Mellat’s appeal in its case seeking to challenge not the targeted asset freeze on it (on which it succeeded – see previous blog), but the wider restrictions on Iranian banks that had been imposed by EU sanctions pre-JCPOA. Judgment here. The ECJ has held that Bank Mellat had no continuing interest in the case because the JCPOA lifted the banking restrictions it was challenging (the court distinguished the Abdulrahim cases concerning targeted asset freeze challenges).

The lower court had held (see previous blog) some of the application inadmissible on jurisdictional grounds and rejected other parts on the grounds that the restrictions had a valid legal basis and were proportionate.  We reported on Advocate General Mengozzi’s opinion in June this year (see previous blog).

This entry was posted in European Court Cases, Iran by Maya Lester QC. Bookmark the permalink.

About Maya Lester QC

Maya Lester QC has a wide ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions. As the most recent (2016) Chambers & Partners directory put it, she "owns the world of sanctions". She spent 2011-12 in New York at Columbia Law School lecturing and writing on sanctions. She represents and advises hundreds of companies and individuals before the European and English courts and has acted in most of the leading cases, including Kadi, Tay Za, Central Bank of Iran, NITC and IRISL.

Please Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s