The Belgian Commercial Court of Kortrijk suspends proceedings of recovery of State aid pending CFI judgment is challenged by the EU Commission (Walloon Region / Ter Lembeek International)

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Reference
Commercial Court of Kortrijk, Walloon Region / Ter Lembeek International, Case n° 3176/02 R.K., 7 October 2003
Commercial Court of Kortrijk, Walloon Region / Ter Lembeek International, Case n° 088/03, 26 February 2004
On 25 January 2006, the Commission decided to bring before the European Court of Jutsice (“ECJ”) an action against Belgium for failure to comply with a Commission's decision declaring a State aid incompatible with the common market (see IP:). On 24 April 2002, the Commission had ruled that the State aid granted by Belgium to the Beaulieu Group (“Ter Lembeek International”) in the form of a waiver of a debt of BEF 113,712,000 (EUR 2,800,000) was incompatible with the common market (Commission decision

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