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European Union – Legal basis of regulation. The Court of Justice of the European Union granted the action brought by Moallem Insurance Co for: (i) annulment of the European Council which had listed the applicant in Annex II to Council Decision 2010/413/CFSP (concerning restrictive measures against Iran and repealing Common Position 2007/140/CFSP); (ii) annulment of Council Implementing Regulation (EU) No 1264/2012 (implementing Regulation (EU) 267/2012 on restrictive measures against Iran and repealing Regulation (EU) 961/2010) in so far as it had listed the applicant in Annex IX to Regulation 267/2012; and (iii) a declaration that art 12 of Decision 2010/413 and art 35 of Regulation 267/2012 were inapplicable to it.
European Union – Legal basis of regulation. The Court of Justice of the European Union granted the action brought by Moallem Insurance Co for: (i) annulment of the European Council which had listed the applicant in Annex II to Council Decision 2010/413/CFSP (concerning restrictive measures against Iran and repealing Common Position 2007/140/CFSP); (ii) annulment of Council Implementing Regulation (EU) No 1264/2012 (implementing Regulation (EU) 267/2012 on restrictive measures against Iran and repealing Regulation (EU) 961/2010) in so far as it had listed the applicant in Annex IX to Regulation 267/2012; and (iii) a declaration that art 12 of Decision 2010/413 and art 35 of Regulation 267/2012 were inapplicable to it.
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