Peters & Peters

What to expect from the EU court on the interpretation of the EU blocking legislation? P&P sanctions expert Anna Bradshaw discusses in GIR

Advocate General Gerard Hogan sets out in his Opinion how the Court of Justice of the European Union (CJEU) should respond to a request by a German Court on how to interpret the law blocking European operators from complying with certain US sanctions, concluding that Telekom Deutschland should be made to explain the reasons why it stopped providing telephone services to an Iranian bank shortly after US sanctions on Iran were reimposed shortly after the US withdrawal from the Joint Comprehensive Plan of Action (JCPOA) on Iran.  Anna Bradshaw warns that, from the perspective of those that the EU blocking legislation is designed to protect, “if the EU Court decides to follow the AG’s Opinion, then what it gives with one hand it will potentially be taking away with the other.” Read more.