Ocean Capital Administration GmbH v European Council and another case

European Union – Legal basis of regulation. The General Court of the European Union granted the application by the applicants in Case T-420/11 for annulment of: (i) Council Decision 2011/299/CFSP; (ii) Council Implementing Regulation (EU) No 503/2011; (iii) Council Regulation (EU) No 267/2012, in so far as those measures concerned the applicants. The General Court further granted the application by the applicants in Case T‑56/12 for the annulment of: (i) Council Decision 2011/783/CFSP; (ii) Council Implementing Regulation (EU) No 1245/2011; and (iii) Regulation No 267/2012, in so far as those measures concerned the applicants.

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