In February 2015, the UK Divisional Court referred questions to the ECJ for a preliminary ruling in the course of Rosneft’s judicial review proceedings challenging UK legislation that gives effect to EU sanctions against Russia. The questions referred concerned the interpretation and validity of Council Decision 2014/512/CFSP and Council Regulation (EU) 833/2014. In response to … Continue Reading
The National Iranian Oil Company (NIOC) has lost an appeal to the Grand Chamber of the European Court of Justice to set aside the General Court’s decision not to annul its sanctions listing. NIOC was originally added to the Iranian sanctions list in 2012, on the premise it is a state owned entity that provides … Continue Reading
TPP Deal – Text Eagerly Awaited. US Trade Representative Michael Froman said this week that the Obama Administration will work with congressional leadership on a yet-to-be-determined timetable for consideration of the final Trans-Pacific Partnership (TPP) deal. White House Press Secretary Josh Earnest suggested the Obama Administration is taking into consideration the timeline to ensure a … Continue Reading