*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. On 19 December 2019, the Court of the Union, ruling on a reference after cassation, handed down a judgment in case T-812/14 RENV (BPC Lux 2 Sàrl v. European Commission).. On 7 November 2018, the Court of Justice of the European Union delivered a judgment in case C-544/17 (BPC Lux 2 and others v Commission).in favour of which it annulled the order of the Court of First Instance of the European Union of 19 July 2017 (not published), by which the Court dismissed as inadmissible the action brought by the debenture creditors of a Portuguese credit institution in difficulty, Banco Espírito Santo (BES), seeking annulment of the Commission's decision of 3 August
ALERTS: STATE AID - EUROPEAN UNION - BANKING SECTOR - ADMISSIBILITY - COMPATIBILITY
Compatible State aid: The General Court of the European Union finds inadmissible the action against the Commission’s decision classifying the rescue measure for a Portuguese bank in difficulty as State aid compatible with the internal market (BPC Lux 2)
Access to this article is restricted to subscribers
Already Subscribed? Sign-in
Access to this article is restricted to subscribers.
Read one article for free
Sign-up to read this article for free and discover our services.