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    Case No. 9901/192/21 dated 03/08/2026

    Greetings. As a lawyer with many years of experience, I have analyzed the court decision you provided. Here is a brief summary of the essence of the case and the court’s legal position:

    **1. Subject of the Dispute:**
    Geo Vertical LLC filed a lawsuit against the President of Ukraine requesting that the Decree putting into effect the decision of the National Security and Defense Council (NSDC) on the application of personal special economic and other restrictive measures (sanctions) against the company be declared unlawful and cancelled.

    **2. Arguments of the Court:**
    * The court emphasized that the application of sanctions is a legitimate instrument of the state for the protection of national security, sovereignty, and territorial integrity under conditions of real or potential threats.
    * The key criterion for the imposition of sanctions is not the status of the entity (resident or non-resident), but the existence of activities that create threats to national interests, which is confirmed by the position of the Grand Chamber of the Supreme Court and the case law of the ECHR.
    * The court conducted a thorough review of the factual grounds provided by the Security Service of Ukraine and concluded that the collected data is sufficient to justify the application of sanctions against the plaintiff.
    * Regarding the plaintiff’s arguments concerning an acquittal in respect of an official of a counterparty, the court noted that sanctions do not constitute criminal punishment; therefore, the absence of a conviction does not preclude the application of preventive economic restrictions.
    * The court emphasized that the interference with the plaintiff’s right to property is proportionate, as it pursues the legitimate aim of protecting state interests and is not arbitrary.
    * It is important that the court confirmed the limited nature of judicial review: the court does not substitute itself for the NSDC or the President in matters of assessing national security risks, but only verifies compliance with procedure, the existence of a factual basis, and the absence of arbitrariness.
    * **Legal Precedent:** In this decision, the court refers to the clarified legal position of the Grand Chamber of the Supreme Court (in particular, in case No. 990/224/23 dated April 28, 2026), which details the criteria for judicial review in sanctions cases, departing from the narrower understanding of the scope of judicial control that existed previously.

    **3. Court Decision:**
    The Supreme Court refused to satisfy the claims of Geo Vertical LLC in full.

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