The EU General Court rules on an appeal against the recovery of aid from the owner of an aid recipient in the chemical sector (Fortischem)

ECONOMIC CONTINUITY IN RECOVERY OF INCOMPATIBLE STATE AID* Introduction Companies rarely escape from the obligation to repay incompatible State aid. Over the past decade or so, very few companies have successfully argued that they legitimately expected that the aid they received was compatible with the internal market. When a company buys another company which has obtained incompatible aid, the new owner cannot even claim that it considered the aid to have been granted legally and to have been compatible with the internal market. On 24 September 2019, the General Court ruled on an appeal against recovery of aid from the new owner of an aid recipient in case T‑121/15, Fortischem v European Commission. Fortischem appealed against Commission decision 2015/1826 that had ordered Slovakia

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Phedon Nicolaides, The EU General Court rules on an appeal against the recovery of aid from the owner of an aid recipient in the chemical sector (Fortischem), 24 September 2019, e-Competitions September 2019, Art. N° 92596

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