Arbitral Digest

Matter

Axel Diegelmann v Scott Bessent (United States Court of Appeals for the District of Columbia Circuit 24-5277)

  1. 25 November 2024United States

    25 November 2024United States

    Memorandum Opinion of the United States District Court for the District of Columbia in Civil Action No. 24-1090 (JEB) dated 25 November 2024

    United States District Court for the District of Columbia

    Case no.
    1:24-cv-01090-JEB
    Decision summary
    The court held that the Office of Foreign Assets Control lawfully designated the plaintiffs for operating in the Russian metals and mining sector and that the designations were supported by substantial evidence. It granted the defendants' motion for summary judgment and denied the plaintiffs' motion.

    Supporting details

    6 authorities · 10 participants
    Axel Diegelmann
    Fritz Diegelmann
    Rheingold Edelmetall AG
    Rheingold Edelmetall GmbH
    Liemeta AG
    Janet Yellen
    Office of Foreign Assets Control
    Bradley T. Smith
    Department of the Treasury
    United States District Court for the District of Columbia

    Authorities cited

    6
    • International Emergency Economic Powers Act
      statute
    • Executive Order 14024: Blocking Property With Respect to Specified Harmful Foreign Activities of the Government of the Russian Federation (86 Fed. Reg. 20,249 (Apr. 19, 2021))
      statute
    • Russian Harmful Foreign Activities Sanctions Regulations (31 C.F.R. pt. 587)
      statute
    • Publication of Russian Harmful Foreign Activities Sanctions Regulations Determination (88 Fed. Reg. 16,887 (Mar. 21, 2023))
      statute
    • Ukraine-/Russia-Related Sanctions Regulations (31 C.F.R. pt. 589)
      statute
    • Administrative Procedure Act
      statute

    1 year, 7 months and 19 days later · 596 days

  2. 14 July 2026United States

    14 July 2026United States

    Opinion of the United States Court of Appeals for the District of Columbia Circuit in case 24-5277 dated 14 July 2026

    United States Court of Appeals for the District of Columbia Circuit

    Case no.
    24-5277
    Decision summary
    The court held that buying finished precious metals, including gold bars, constitutes procuring geological materials under the sanctions regime. It rejected the appellants' alternative refined-versus-unrefined argument as unpreserved, upheld the Office of Foreign Assets Control's determination that the metals were sufficiently connected to Russia, and affirmed the district court's judgment for the government.

    Supporting details

    6 authorities · 15 participants
    Axel Diegelmann
    Scott Bessent
    Fritz Diegelmann
    Liemeta AG
    Rheingold Edelmetall AG
    Rheingold Edelmetall GmbH
    Scott Bessent, in his official capacity as Secretary of the United States Department of the Treasury
    United States Department of Treasury
    Office of Foreign Assets Control
    Bradley Smith, in his official capacity as Director of the United States Department of the Treasury
    Janet L. Yellen, in her official capacity as Secretary of the United States Department of the Treasury
    Lisa Palluconi, in her official capacity as Acting Director of the Office of Foreign Assets Control
    United States Court of Appeals for the District of Columbia Circuit

    Authorities cited

    6
    • International Emergency Economic Powers Act
      statute
    • Executive Order 14024: Blocking Property With Respect to Specified Harmful Foreign Activities of the Government of the Russian Federation (86 Fed. Reg. 20,249 (Apr. 19, 2021))
      statute
    • Russian Harmful Foreign Activities Sanctions Regulations (31 C.F.R. pt. 587)
      statute
    • Publication of Russian Harmful Foreign Activities Sanctions Regulations Determination (88 Fed. Reg. 16,887 (Mar. 21, 2023))
      statute
    • Ukraine-/Russia-Related Sanctions Regulations (31 C.F.R. pt. 589)
      statute
    • Administrative Procedure Act
      statute

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Axel Diegelmann v Scott Bessent (United States Court of Appeals for the District of Columbia Circuit 24-5277) · Matter