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European Observer on fundamental right's respect

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Case Law T-35/10;T-7/11;T-493/10;T-4/11;T-5/11;T-12/11;T-13/11 (06/09/2013)

Type: Judgment

Authority: European Authorities: Court of first instance of the European Communities

Date: 09/06/2013

Subject: The General Court annulled the acts of the Council freezing the funds of seven companies and one person in connection with the restrictive measures taken against Iran with the aim of preventing nuclear proliferation. Bank Melli Iran and Europäisch-Iranische Handelsbank remain on the list of those whose funds are frozen.

Parties: Bank Melli Iran, Persia International Bank plc, Export Development Bank of Iran, Iran Insurance Company, Post Bank Iran, Bank Refah Kargaran, Europäisch-Iranische Handelsbank AG, Naser Bateni, Good Luck Shipping, Iranian Offshore Engineering & Construction Co. c. Consiglio dell’UE

Classification: Freedoms - Art. 16 Freedom to conduct a business - Art. 17 Right to property - Justice - Art. 47 Justice: remedy - Justice: effective - Art. 48 Rights of defence

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