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Impact of foreign sanctions on ship financiers and insurers in Singapore
- Rodyk & Davidson LLP
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- Iran, Singapore
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- April 29 2011
The case of The "Sahand" has drawn attention to the measures taken by Singapore in response to the international sanctions and assets freezing orders by the United States, the European Union and the United Nations
Case report: when international sanctions and assets freeze interfere with the release of an arrested ship
- Rodyk & Davidson LLP
- -
- Iran, Singapore
- -
- April 29 2011
The recent case of The "Sahand" and other applications 2011 SGHC 27 required the court to first consider exceptional questions relating to sanctions imposed on Iran and Iranian entities by the United Nations' Security Council and whether those sanctions applied in Singapore, before it could decide on the usual admiralty law issues on whether or not to release vessels from arrest
