PIERCING THE CORPORATE VEIL IN EU LAWS AND LEGAL PRECEDENT IN RELATION TO SANCTIONING THE SUBSIDIARIES OF THE NATIONAL IRANIAN COMPANY | ||
| مطالعات حقوق انرژی | ||
| Article 4, Volume 5, Issue 1, April 2019, Pages 43-60 PDF (240.15 K) | ||
| Document Type: ISI | ||
| DOI: 10.22059/jrels.2019.279555.277 | ||
| Authors | ||
| Seyed Mohamad Hassan Razavi* 1; Mohammad Reza Salari2 | ||
| 1Assistant Professor University of Tehran, Faculty of Law and Political Sciences | ||
| 2Master of Oil and Gas Law, University of Tehran, Faculty of Law and Political Sciences | ||
| Abstract | ||
| Nuclear-related economic sanctions of EU against Iran were a set of restrictive measures, the negative impact of which was felt more in Iran’s oil and gas sector, it being the main income-generating sector of Iran’s economy. These sanctions were applied to the extent that the designated entities were not only prohibited from doing any transaction with elements within the EU jurisdictions, but also all their assets and economic resources were frozen. This article reviews the relevant laws and legal precedents which have been formed over the sanction’s disputes and delisting cases by studying the legal elements of designating an entity and the legal situation of Iranian oil companies under EU Sanctions. The paper at hand endeavors to present a better picture of the reason and logic behind listing of Iranian oil companies in the EU list of designated entities. | ||
| Keywords | ||
| Piercing Corporate Veil; European Union; National Iranian Oil Company; EU Economic Sanctions | ||
| References | ||
|
الف) فارسی 1. علیزاده، مسعود؛ زرنشان، شهرام (1396). «تأملی بر نظام تصویب و نظارت قضایی بر تحریمها در حقوق اتحادیۀ اروپا». مجلۀ مطالعات حقوقی دانشگاه شیراز، دورۀ نهم، زمستان، شمارۀ 4، ص 165-227. ب) خارجی 2. Council of the European Union, Guidelines on implementation and evaluation of restrictive measures (sanctions) in the framework of the EU Common Foreign and Security Policy, 9068/13, 30 April 2013. http://register.consilium.europa.eu/doc/srv?l=EN&f=ST%209068%202013%20INIT 3. Council of the European Union, Implementing Regulation No. 1264/2012, 21 December 2012, Official Journal of the European Union https://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2012:356:0055:0060:EN:PDF 4. Council of the European Union, Restrictive measures against Iran, 2010/413/CFSP, 26 July 2010 https://eur-lex.europa.eu/legal-content/GA/TXT/?uri=CELEX:32010D0413 5. Council of the European Union, Restrictive measures against Iran, 2012/635/CFSP, 15 October 2012 https://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2012:282:0058:0069:EN:PDF 6. Case T-156/13, Petro Suisse Intertrade Co. SA v. Council, Judgment of the seventh chamber, September18,2015 http://curia.europa.eu/juris/liste.jsf?num=T-156/13&language=EN 7. Case T-371/14, Naftiran Intertrade Co. (NICO) Sarl v. Council, Judgment of the seventh chamber, November 26, 2015 http://curia.europa.eu/juris/liste.jsf?language=en&num=T-371/14 8. Case T-433/13, Petropars Iran Co. v. Council, Judgment of the seventh chamber, May 5,2015 http://curia.europa.eu/juris/liste.jsf?num=T-433/13&language=EN 9. Case T-53/12, CF Sharp shipping Agencies Pte Ltd v. Council, Judgment of the forth chamber, October 26, 2012 http://curia.europa.eu/juris/liste.jsf?num=T-53/12&language=EN 10. Case T-578/12, National Iranian Oil Company v. Council, judgment of the seventh chamber, July 16, 2014 http://curia.europa.eu/juris/liste.jsf?num=T-578/12&language=EN. 11. David H. Barber, “Piercing the Corporate Veil”, Willamette Law Review, V. 17, 1981 12. Karl Hofstetter,” Parent responsibility for subsidiary corporations: evaluating European trends”, International & Comparative Law Quarterly, 1990
| ||
|
Statistics Article View: 1,115 PDF Download: 569 |
||