Category: sanctions

Repayment prevented by sanctions – Law Society’s Gazette

Posted May 30th, 2023 in debts, interest, loans, news, repayment, Russia, sanctions by sally

‘In a novel application of the ancient equitable jurisdiction that protects a debtor’s right to redeem mortgaged property, after a short trial, Mr Justice Green granted Fortenova Grupa’s redemption action against LLC Shushary Holding – a subsidiary of VTB Bank PJSC, sanctioned in the UK, EU and US. The action concerned €1.157bn of senior secured floating rate notes issued by Fortenova and due to mature in September 2023; 38% of the notes were owned by Shushary.’

Full Story

Law Society's Gazette, 26th May 2023

Source: www.lawgazette.co.uk

Russian racing driver in High Court bid to get sanctions lifted – The Independent

Posted May 4th, 2023 in news, Russia, sanctions, sport, Ukraine by tracey

‘Russian racing driver Nikita Mazepin has begun a High Court fight with British government ministers after being made subject to sanctions in the wake of Russia‘s invasion of Ukraine.’

Full Story

The Independent, 3rd May 2023

Source: www.independent.co.uk

LLC Synesis v Secretary of State for Foreign, Commonwealth and Development Affairs – Blackstone Chambers

Posted April 11th, 2023 in chambers articles, money laundering, news, sanctions, setting aside by sally

‘The High Court has dismissed an application to set aside a sanctions designation issued by the Secretary of State for Foreign, Commonwealth and Development Affairs. This was the first challenge to be brought under section 38 of the Sanctions and Anti-Money Laundering Act 2018 (“SAMLA”).’

Full Story

Blackstone Chambers, 15th March 2023

Source: www.blackstonechambers.com

UK to clamp down on sanctions loopholes used by Wagner group head – The Guardian

Posted March 31st, 2023 in costs, defamation, media, news, Russia, sanctions, Ukraine, war by sally

‘UK ministers have tightened up sanctions rules to avoid a repeat of a recent controversy in which lawyers acting for the head of the Wagner group obtained an exemption from curbs to sue a British journalist.’

Full Story

The Guardian, 30th March 2023

Source: www.theguardian.com

Financial Sanctions in the UK – No. 5 Chambers

Posted March 30th, 2023 in chambers articles, export controls, money laundering, news, Russia, sanctions, terrorism by sally

‘With the financial sanctions imposed against Russia has been widening and deepening over the past year, more and more businesses and investors have paid attention to the regulatory obligations for compliance.’

Full Story

No. 5 Chambers, 8th March 2023

Source: www.no5.com

EU and UK action shows role for sanctions in tackling gender inequality – OUT-LAW.com

Posted March 13th, 2023 in equality, gender, international law, news, rape, sanctions, sex discrimination, sexual offences, war, women by tracey

‘Action announced by the EU and UK highlights the role that sanctions can play in tackling gender inequality globally, an expert has said.’

Full Story

OUT-LAW.com, 10th March 2023

Source: www.pinsentmasons.com

Court can enter judgment in favour of sanctioned Russian party – Legal Futures

Posted February 1st, 2023 in banking, dispute resolution, fraud, news, Russia, sanctions, Ukraine, war by sally

‘The UK sanctions regime does not block the courts from entering judgments in favour of a party on the sanctions list, the High Court has ruled.’

Full Story

Legal Futures, 1st February 2023

Source: www.legalfutures.co.uk

The FA v Chris Maguire: What are the Odds? – Football Law

Posted January 31st, 2023 in fines, gambling, news, regulations, sanctions, sport by tracey

‘The FA Rules, rule E8.1 provides that Participants at Step 4 of the National League System and above (see pg. 437 of The FA Handbook 2022/23), and Steps 1 and 2 of the Women’s Football Pyramid (see pg. 462 of The FA Handbook 2022/23) are prohibited from betting on football anywhere in the world. However, breaches of Rule E8 are relatively common, with The FA prosecuting around 30-40 cases in the past three seasons.’

Full Story

Football Law, 31st January 2023

Source: www.footballlaw.co.uk

UK law firms banned from handling transactional work for Russians – Legal Futures

Posted October 3rd, 2022 in government departments, international law, law firms, legal services, news, Russia, sanctions, Ukraine, war by sally

‘UK law firms will be unable to provide “transactional legal advisory services” to Russians after the government ratcheted up the sanctions regime yet further.’

Full Story

Legal Futures, 3rd October 2022

Source: www.legalfutures.co.uk

Cambridge Symposium on Economic Crime – Crown Prosecution Service

Posted September 9th, 2022 in assets recovery, corruption, Crown Prosecution Service, disclosure, misfeasance in public office, sanctions, speeches by tracey

‘DPP Max Hill’s speech to the Cambridge Symposium on Economic Crime.’

Full speech

Crown Prosecution Service, 5th September 2022

Source: www.cps.gov.uk

A judge has discretion to grant relief from sanctions without a formal application or any application at all, Court of Appeal reaffirms- Farrar’s Building

Posted May 20th, 2022 in appeals, chambers articles, civil procedure rules, costs, judges, judiciary, legal representation, McKenzie friends, news, sanctions by sally

‘In Park v Hadi and Another [2022] EWCA Civ 581, the Court of Appeal (Holroyde, Stuart-Smith and Warby LJJ), reaffirmed the principle that a judge may, of her own discretion, grant relief from sanctions without formal notice or without any application at all. The Court went on to issue guidance as to how this judicial discretion ought to be exercised, observing that a judge should always act in accordance with the overriding objective and will likely only exercise her discretion to grant relief sparingly.’

Full Story

Farrar's Building, 5th May 2022

Source: www.farrarsbuilding.co.uk

UK lawyers still able to work for Russian clients despite new services sanctions – The Guardian

Posted May 5th, 2022 in export controls, legal services, news, Russia, sanctions, Ukraine, war crimes by sally

‘The UK has said it will ban the export of services including accountancy, consultancy and PR advice to Russia in the latest attempt to isolate the country’s economy after the invasion of Ukraine – but lawyers will still be able to service Russian clients.’

Full Story

The Guardian, 4th May 2022

Source: www.theguardian.com

Choose your submissions wisely, says judge in time-estimate warning – Legal Futures

Posted March 31st, 2022 in case management, news, practice directions, sanctions by sally

‘The judge in charge of the Commercial Court has complained again about inadequate time estimates, telling advocates they cannot ask judges to read authorities after the hearing as a shortcut.’

Full Story

Legal Futures, 31st March 2022

Source: www.legalfutures.co.uk

Enacting ECHR compliant measures to confiscate property: imposing sanctions on Russian oligarchs for the invasion of Ukraine – Property Law Blog

Posted March 21st, 2022 in bills, compensation, confiscation, government departments, human rights, news, Russia, sanctions, Ukraine by sally

‘In the wake of Russia’s invasion of Ukraine, there have been widespread calls to expand the sanctions imposed on Russian oligarchs linked to President Vladmir Putin. According to reporting by the Financial Times, civil servants are currently “examining very carefully” what powers are needed to “swiftly acquire specific land and property owned by a sanctioned person, without the need to pay them compensation.”’

Full Story

Property Law Blog, 11th March 2022

Source: www.law.ox.ac.uk

UK law firms aiding Russian oligarchs could face penalties, No 10 suggests – The Guardian

Posted March 1st, 2022 in law firms, news, penalties, Russia, sanctions by sally

‘Law firms and PR outfits working to stop Russian oligarchs from being hit by UK sanctions could themselves be targeted by financial curbs, No 10 has suggested, as it warned them to “think very carefully” before propping up those allied to Vladimir Putin’s regime.’

Full Story

The Guardian, 28th February 2022

Source: www.theguardian.com

Russian oligarchs in UK face new laws tackling ‘dirty money’ – The Guardian

Posted February 28th, 2022 in banking, bills, financial regulation, international law, news, proceeds of crime, Russia, sanctions, unexplained wealth orders by sally

‘Boris Johnson has said that Russian oligarchs will no longer have a hiding place for their “ill-gotten gains” in the UK under legislation being introduced in parliament this week.’

Full Story

The Guardian, 28th February 2022

Source: www.theguardian.com

England given one-match stadium ban following unrest at Euro 2020 final – BBC News

Posted October 19th, 2021 in news, public order, sanctions, sport by tracey

‘England have been ordered to play one match behind closed doors as a punishment for the unrest at Wembley Stadium during the Euro 2020 final. Uefa also imposed a ban for a second game, which is suspended for two years.’

Full Story

BBC News, 18th October 2021

Source: www.bbc.co.uk

Judge warns parties to expect sanctions for incorrect e-bundles – Legal Future

Posted August 10th, 2021 in case management, documents, electronic filing, news, sanctions by sally

‘Judges’ patience with parties that fail to prepare electronic bundles with consistent page numbering is over and they can expect sanctions, the High Court has warned.’

Full Story

Legal Futures, 10th August 2021

Source: www.legalfutures.co.uk

BTAS rejects calls to soften sanctions for ‘low level’ sexual misconduct – Legal Futures

Posted August 3rd, 2021 in barristers, disciplinary procedures, news, professional conduct, sanctions, sexual offences, tribunals by sally

‘The Bar Tribunals & Adjudication Service (BTAS) has rejected the argument that a starting point of 12-months’ suspension for sexual misconduct is too much for some less serious types of behaviour.’

Full Story

Legal Futures, 2nd August 2021

Source: www.legalfutures.co.uk

Bar Council urges limits to mitigation in sexual misconduct cases involving barristers – Legal Futures

Posted June 22nd, 2021 in assault, barristers, disciplinary procedures, harassment, news, sanctions by sally

‘Issues such as provocation, spontaneity and whether an incident was a “one-off” should not be factors that reduce sanctions for sexual misconduct by barristers, the Bar Council has urged.’

Full Story

Legal Futures, 22nd June 2021

Source: www.legalfutures.co.uk