ALERT: STATE AID - ILLEGAL AID - SELECTIVE NATURE OF AN AID - RECOVERY

Illegal aid: The General Court of the European Union rules that the condition of selectivity of an aid measure was not met and cancels the Commission’s decision in the Spanish tax lease system case (Spain/Lico Leasing/Pequeños y Medianos Astilleros Sociedad de Reconversión)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. Court of First Instance, 17 December 2015, Judgments T-515/13 (Spain) and T-719/13 (Lico Leasing v Pequeños y Medianos Astilleros Sociedad de Reconversión By judgment of 17 December 2015 in Joined Cases T-515/13 (Spain v Commission) and T-719/13 (Lico Leasing, SA and Pequeños y Medianos Astilleros Sociedad de Reconversión, SA v Commission)the Court of First Instance of the European Union has annulled the Commission's decision of 17 July 2013 classifying the Spanish tax leasing scheme as unlawful State aid and ordering the recovery of the aid only from the investors who benefited from the advantages in question. The Court of First Instance held that the

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  • L’actu-concurrence (Paris)

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Alain Ronzano, Illegal aid: The General Court of the European Union rules that the condition of selectivity of an aid measure was not met and cancels the Commission’s decision in the Spanish tax lease system case (Spain/Lico Leasing/Pequeños y Medianos Astilleros Sociedad de Reconversión), 17 December 2015, Concurrences N° 1-2016, Art. N° 78093, www.concurrences.com

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