Official Journal of the European Union

C 104/52

Action brought on 23 January 2017 — Bank Tejarat v Council

(Case T-37/17)

(2017/C 104/73)

Language of the case: English


Applicant: Bank Tejarat (Tehran, Iran) (represented by: S. Zaiwalla, P. Reddy, K. Mittal, A. Meskarian, Solicitors, T. Otty, R. Blakeley, V. Zaiwalla, and H. Leith, Barristers)

Defendant: Council of the European Union

Form of order sought

The applicant claims that the Court should:

order the Council to pay the applicant compensation for the damage suffered as a result of the Council’s imposition of restrictive measures by way of the following acts, concerning restrictive measures against Iran: Council Decision 2012/35/CFSP of 23 January 2012 (OJ 2012 L 19, p. 22), Council Implementing Regulation (EU) No 54/2012 of 23 January 2012 (OJ 2012 L 19, p. 1), Council Regulation (EU) No 267/2012 of 23 March 2012 (OJ 2012 L 88, p. 1), Council Implementing Regulation (EU) No 709/2012 of 2 August 2012 (OJ 2012 L 208, p. 2), Council Decision (CFSP) 2015/556 of 7 April 2015 (OJ L 92, 8.4.2015, p. 101), and Council Implementing Regulation (EU) 2015/549 of 7 April 2015 (OJ 2015 L 92, p. 12); the followings sums should be paid to the applicant: 1 494 050 000 USD in respect of material damage, 1 000 000 EUR in respect of non-material damage, and interests on those amounts;

order the Council to bear the costs.

Pleas in law and main arguments

In support of the action, the applicant relies on one plea in law.

The applicant alleges that the Council’s imposition of restrictive measures on the applicant was a sufficiently serious breach of obligations intended to confer rights upon individuals and accordingly the non-contractual liability of the European Union is engaged. This breach was the direct cause of significant material and non-material harm to the applicant for which it is entitled to compensation.