ALERT: STATE AID - COMPATIBLE AID - MINORITY SHAREHOLDER BENEFICIARY OF THE AID

Compatibility with the interior market: The General Court of the European Union affirms the Commission’s decision allowing, under conditions, aid measures for the fifth largest German regional bank (HSH)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. Court of First Instance, 12 November 2015, Judgment T-499/12 (HSH) On 12 November 2015, the Court of First Instance of the European Union delivered a judgment in Case T-499/12 (HSH Investment Holdings Coinvest-C and HSH Investment Holdings FSO v Commission).. Dismissing the action brought by two minority shareholders of a bank which benefited from rescue measures following the financial crisis of 2007-2008, the Court of First Instance validates one of the conditions laid down by the Commission to render the rescue measures compatible with the internal market, namely the payment of a single payment of EUR 500 million by the bank to its majority public

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  • L’actu-concurrence (Paris)

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Alain Ronzano, Compatibility with the interior market: The General Court of the European Union affirms the Commission’s decision allowing, under conditions, aid measures for the fifth largest German regional bank (HSH), 12 November 2015, Concurrences N° 1-2016, Art. N° 78085, www.concurrences.com

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