Hesai Technology, the largest Chinese lidar company by sales, plans to sue the Pentagon for adding it to a list of companies with ties to China’s military (see 2402010018), the company announced Feb. 8. Hesai was added to the list “without any explanation or justification,” CEO Yifan Li said, calling the U.S. decision “unjust, capricious, and meritless.”
The U.K. High Court of Justice on Jan. 29 ruled that disclosures of reinsurance documents from a reinsurance broker to an airplane leasing company wouldn't violate the U.K.'s Russia sanctions regime. The disclosures were related to an insurance claim on planes leased by Russian airline operators.
The Netherlands' Rotterdam District Court on Jan. 15 sustained the Dutch National Bank's sanctions on an unnamed financial services provider, according to an unofficial translation. The court held that the bank "rightly" found that from July 2015 to March 2018, the financial services provider "systematically failed to comply with several core obligations" by "hardly conducting any customer due diligence" and failing to carry out any sanctions screening.