By Maya Lester KC & Michael O’Kane

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By Maya Lester KC & Michael O’Kane

English judgment says UK & US sanctions didn’t affect obligation to pay under letter of credit

24 March 2023

The Commercial Court yesterday gave judgment in Celestial Aviation Services v UniCredit Bank and Celestial Aviation Services Limited v. UniCredit Bank AG. UniCredit refused to make payment to aircraft lessors under letters of credit...

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Regimes / Regions

Sanctioning States

By Maya Lester KC

Maya Lester KC is a senior barrister (King’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions.

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