The U.K. Office of Financial Sanctions Implementation released a threat assessment about possible sanctions violations by legal services providers, noting that since February 2022, the legal services sector has accounted for the second-highest number of suspected breach report submissions to OFSI. Legal services accounts for 16% of all submissions, behind first-place financial services with 65% of submissions.
The Council of the EU on March 26 appointed 13 judges to the EU General Court. Two of the judges, Francesco Bestagno of Italy and Tanja Pavelin of Croatia, have been appointed to their first terms, while nine others saw their terms renewed.
The U.K.'s Office of Financial Sanctions Implementation fined the Russian subsidiary of British law firm Herbert Smith Freehills about $600,000 for violating U.K. sanctions on Russia. The firm was penalized for six payments it made worth over $5 million to sanctioned Russian banks Alfa-Bank JSC, PJSC Sovcombank and PJSC Sberbank.
The EU General Court last week rejected Russian oligarch Alexander Ponomarenko's application to annul his sanctions listing after he argued the European Council violated his procedural rights, committed "manifest errors of assessment" and violated principles of fundamental law.
The EU General Court on Feb. 26 rejected the sanctions delisting application of Aleksandra Melnichenko, wife of sanctioned Russian billionaire Andrey Melnichenko.
Maros Sefcovic, EU commissioner for trade and economic security, said he’s confident the EU will be able to successfully defend its countervailing duties on electric vehicle exports from China after Tesla's Chinese subsidiary and BMW sued the bloc earlier this month (see 2501280015).
Tesla's Chinese subsidiary, Tesla (Shanghai), and BMW both filed suit against the European Commission in the European Court of Justice after being hit with countervailing duties by the EU in October on their electric vehicle exports (see 2410290031). The bloc imposed a 7.8% duty rate on Tesla, while BMW received the 20.7% CVD rate assigned to other cooperating respondents. Other Chinese electric vehicle exporters, including BYD, Geely and SAIC, also were hit with the duties. Neither Tesla nor BMW has made any further filings or pleadings in their cases after filing their actions in the top European court. Neither company responded to requests for comment.
The Council of the European Union announced a new prohibition on the recognition or enforcement of rulings from Russian courts, it announced as part of its most recent sanctions package on Russia this week. The move was based on Article 248 of the Arbitration Procedure Code of the Russian Federation and notes that rulings from Russian courts have prevented opposing parties from starting or continuing proceedings in jurisdictions other than Russia "in clear violation of established international principles and practices."
The transfer of certain customs issues from the EU Court of Justice to the EU General Court "could lead to faster and more specialized decisions," lawyers at Baker McKenzie said in a client alert earlier this month. Partner Arnoud Willems and associate Line Hammoud said the change potentially could make it easier for companies to "bring cases and achieve favorable outcomes."
Australia on Oct. 30 issued an updated permit that authorizes Australian lawyers and law firms to provide certain legal services to, and collect fees from, parties designated under its Autonomous Sanctions Regulations. New permit SAN-2024-00138, which replaces now-revoked permit SAN-2022-00079, allows Australian people and organizations to give legal advice or legal representation to sanctioned parties in Australian courts and tribunals, including for the filing of court documents, the “engagement of expert witnesses,” and “administrative tasks necessary for legal proceedings” in Australian courts.