Brief description of the facts and legal issues In June 1997, CDR sold its majority holding in Stardust Marine ("Stardust") to FG Marine. In September 1999, the Commission considered that the State aid granted to Stardust was incompatible with the Common Market and ordered reimbursement of the aid (OJ (2000) L206/6). Under provisions of the purchase contract, FG Marine required CDR to repurchase the Stardust shares. Stardust went bankrupt and was purchased by another company. FG Marine
The Paris Court of Appeal holds a bank liable in damages for its lack of diligence during EU Commission proceedings (CDR / FG Marine-Stardust)
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