National Iranian Tanker Company v European Council

European Union – Legal basis for regulation. The General Court of the European Union granted the application by the National Iranian Tanker Company for annulment of (i) Council Decision 2012/635/CFSP, amending Council Decision 2010/413/CFSP (concerning restrictive measures against Iran), in that the applicant had been listed in Annex II Decision 2010/413; and (ii) Council Implementing Regulation (EU) No 945/2012 (implementing Regulation (EU) No 267/2012 concerning restrictive measures against Iran), in so far as that regulation concerned that company.