The Court of Appeal has now affirmed that conclusion, marking yet another failed gambit by Iran’s oil behemoth.
Legal Teams in High-Stakes Clash
Iranian Oil is represented by a formidable team from Fountain Court Chambers, Maitland Chambers, Brick Court, Serle Court, and Eversheds Sutherland. Crescent, meanwhile, fields heavyweights from 3 Verulam Buildings, Essex Court, South Square, Blackstone Chambers, and Reed Smith LLP.
The Retirement, Savings and Welfare Fund is also lawyered up, represented by counsel from Outer Temple Chambers and Blackstone Solicitors. But despite the battalion of attorneys, Tuesday’s ruling underscores one thing: Crescent’s grip on the $2.4 billion judgment is tightening.
