US Court of Appeals judgment – blocked funds subject to OFAC licenses may still be “frozen” for the purposes of the TRIA

29 September 2025

US Court of Appeals judgment – blocked funds subject to OFAC licenses may still be “frozen” for the purposes of the TRIAsharpner/Shutterstock.com

The US Court of Appeals for the D.C. Circuit has held that nearly $10 million in funds which had belonged to a sanctioned Iranian mining company are “frozen assets” which can be used to...

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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. She is the…

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