Council of the European Union v Bank Mellat

Subject Matter

EUROPEAN UNION — Common foreign and security policy — Restrictive measures — European Union sanctions freezing and restricting transfer of funds of designated entities involved in nuclear proliferation in Iran — Restrictive measures taken against Iranian bank — General Court allowing bank’s application for annulment of measures against it — Whether bank able to rely on fundamental rights protection and guarantees — Whether Council breaching obligations to state reasons

(Case C-176/13P); (Case C-176/13 P); EU:C:2016:96; [2016] 4 WLR 84; [2016] WLR (D) 85, ECJ

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