News Formal

Firms seeking derogation from EU sanctions on Kremlin-controlled company’s interest in vessels overcome legal hurdle

  • 📰 IrishTimesBiz
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 77%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Firms seeking derogation from EU sanctions on Kremlin-controlled company’s interest in vessels via IrishTimesBiz

Mr Justice Cregan previously made orders recognising and enforcing the English court’s December 2022 orders relating to the Polaris and the Pollux ships.

The ships, built or being built at a Turkish shipyard, were commissioned for use as coastal passenger transport services under long-term charters to the Norwegian minister of transport, the judge said. Marcus Dowling SC, instructed by William Fry solicitors, told the Irish High Court on Tuesday that the Central Bank, in assessing the derogation application, had raised a concern that GTLK Asia had not been a party in the English proceedings.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

‘Improvements’ required in 11% of audits of big companies last year, regulator findsIaasa findings revealed after 35 audits by seven firms were inspected in 2022 via IrishTimesBiz
Source: IrishTimesBiz - 🏆 6. / 77 Read more »