Top EU Court Clarifies Anti-US Sanctions “Blocking Statute”

The court explains how the controversial EU law operates to bar EU persons from complying with US sanctions on Iran and Cuba.

On 21 December 2021, the Court of Justice of the European Union (CJEU) released its long-awaited judgment in Case C-124/20. The case addressed questions that had arisen in legal proceedings between Bank Melli Iran (Bank Melli) and Telekom Deutschland GmbH (Telekom) that a German court had referred to the CJEU for clarification. The CJEU is the EU organ whose interpretations of EU acts is binding on EU Member States.

Please see full publication below for more information.

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Latham & Watkins LLP | Attorney Advertising

Written by:

Latham & Watkins LLP
Contact
more
less

Latham & Watkins LLP on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide