CASE COMMENT: STATE AIDS - GENERAL PRINCIPLES

Legitimate expectations: The ECJ holds that the principle of protection of legitimate expectations may be relied upon to resist repayment of State aid only in exceptional circumstances (Daewoo)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. ECJ, 11 November 2004, Daewoo Electronics Manufacturing España v. Commission, joined cases C-183/02 P and C-187/02 P Two judgments were delivered on appeal on 11 November 2004 concerning the same tax measure granted from 1995 to 1999 by the Territorio Historico de Alava in Spain, in the form of a tax credit of 45% of the amount of the investment for investment in new tangible

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  • Sheppard, Mullin, Richter & Hampton (Brussels)

Quotation

Jacques Derenne, Legitimate expectations: The ECJ holds that the principle of protection of legitimate expectations may be relied upon to resist repayment of State aid only in exceptional circumstances (Daewoo), 11 November 2004, Concurrences N° 1-2005, Art. N° 1497, p. 96

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