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Extraterritorial sanctions in civil proceedings in light of the CJEU Judgment of 21 December 2021, C-124/20, Bank Melli Iran

10/01/2022

This Legal Briefing analyses the possible implications of this judgment for European Union companies.

On 21 December 2021, the Court of Justice of the European Union issued its judgment in Case C-124/20, Bank Melli Iran, interpreting for the first time Council Regulation (EC) No. 2271/96 of 22 November 1996 on protection against the effects of the extraterritorial application of legislation adopted by a third country, and actions based thereon or resulting therefrom.

The entire content of the Legal Briefing can be found in the PDF.