
By John Helmer, Moscow
The UK High Court has rejected a lawsuit by Rosneft challenging the legality of sanctions against its oilfield operations and international financing.
The court has ruled that for testing the legality of the sanctions British law and British courts are subordinate to the European Union, and that Rosneft must try its case in the European Court of Justice (CJEU) in Luxembourg. The ruling, which was issued on Monday, contradicts the judgement of the Supreme Court, the UK’s highest court, which decided last March that sanctions against the Iranian bank, Bank Mellat, had violated British law. The new judgement makes no reference to this or any other case decided recently in London on the illegality of UK Government sanctions.
The ruling by Lord Justice Sir Jack Beatson (lead image) and Justice Sir Nicholas Green also flies in the face of the British Government’s promise to preserve the primacy of the British courts over the EU judiciary, and keep London’s market dominance for global litigation. Acknowledging that the issue will be tested in the parliamentary election due in three months’ time, embattled Prime Minister David Cameron has claimed: “We want to make the Supreme Court supreme”. Cameron has promised to introduce a new Act of Parliament to establish the superior status in law of UK courts over the European Court.” That hasn’t happened.
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