By Maya Lester KC & Michael O’Kane

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By Maya Lester KC & Michael O’Kane

Gibraltar Supreme Court judgment: payment to liquidator does not breach EU or UK sanctions

10 April 2025

Gibraltar Supreme Court judgment: payment to liquidator does not breach EU or UK sanctionsrailway fx/Shutterstock.com

The Supreme Court of Gibraltar has held in Wardour Trading Limited 2025/GSC/010 that payments to liquidators from a creditor indirectly owned by a sanctioned Russian oil company do not breach UK or EU sanctions....

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Regimes / Regions

Sanctioning States

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Michael O'Kane
By Michael O'Kane

Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters and as a prosecutor. Michael was called…

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