CASE COMMENTS: STATE AIDS - RECOVERY OF UNLAWFUL STATE AID - RENOUNCING A DEBT IN THE CASE OF IMPENDING LIQUIDATION

Recovery of unlawful State Aid: The CFI holds that the amount of aid repayable corresponds to the amount of the debt renounced, and not to the loss which would have been incurred had the company been put into liquidation (Technische Glaswerke Ilmenau)

Le montant de l’aide à rembourser correspond au montant du renoncement à la créance et non à la perte qui aurait été subie si l’entreprise avait été mise en liquidation

CFI, 8 July 2004, Technishe Glaswerke Ilmenau GmbH v. Commission, case T-198/01 Dans cette affaire le Tribunal rejette l'argument selon lequel, dans le cas d'une aide résultant de la renonciation d'un créancier à une partie sa créance à l'égard d'une Concurrences

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Jean-Yves Chérot, Recovery of unlawful State Aid: The CFI holds that the amount of aid repayable corresponds to the amount of the debt renounced, and not to the loss which would have been incurred had the company been put into liquidation (Technische Glaswerke Ilmenau), 8 July 2004, Concurrences Review N° 1-2004, Art. N° 12068, pp. 86-87

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