Tuesday, February 23, 2016

The Court of Justice held a hearing on the case of “Rosneft” – RIA Novosti

BRUSSELS, Feb 23 – RIA Novosti, Vladimir Dobrovolsky EU court on Tuesday held a hearing on the treatment of the British court, requesting the position of the European judicial authority on the suit of “Rosneft” Russian company, which contested in the UK court. it affected the EU sanctions against Russia; on the adjudication need at least a few weeks, according to RIA Novosti, the representative of the court.

“Hearings on the case of” Rosneft “C-72/15 held today (Tuesday) at 9:30 am, then will follow the conclusion of the Advocate-General and to make decisions . It usually takes several weeks or even months between the debate and the conclusions and as much again – between the findings and decision. Dates vary depending on the complexity of the case “, – said the spokesman, who requested anonymity.

British court 18 February 2015 requested the EU Court’s position on the suit of “Rosneft”, filed against the Ministry of finance of the UK, the British Minister for business, innovation and training and the Office to monitor compliance with codes of conduct in the financial markets in connection with sectoral EU sanctions against Russia.

At the request of the British judicial authorities are asked to clarify whether the lawful number of provisions of the EU Council decision, which introduced economic sanctions against Russia. We are talking about the decisions taken by the European Union on July 31, September 8 and 4 December, 2014. If the court of the EU recognize as lawful the situation on the invalidity which insists “Rosneft”, the British court will ask to clarify the application of a number of prescribed in these measures.

In addition to this request of the EU Court is considering a lawsuit “Rosneft” of 9 October 2014, in which the company directly challenged in European court Referring company of EU economic sanctions against Russia.

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