ALERTS: STATE AID - EUROPEAN UNION - GERMANY - MOTORING - SPORT - INTERESTED PARTY - FAILURE TO STATE REASONS

Interested party: Advocate General Pitruzzella considers that the judgment of the General Court of the European Union in the case of the sale of the assets of the Nürburgring motor racing circuit is vitiated by a failure to state reasons in various respects (Ja zum Nürburgring; NeXovation)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. On 29 April 2021, Advocate General Giovanni Pitruzzella delivered his Opinion incase C-647/19 (Ja zum Nürburgring eV v European Commission) and incase C-665/19 (NeXovation Inc. v European Commission) concerning the 2013 sale of the Nürburgring complex to a company in Rhineland-Palatinate. Despite the support measures for the construction of a leisure park, hotels and restaurants and the organisation of Formula 1 races paid by the State of Rhineland-Palatinate between 2002 and 2012, the public companies owning the Nürburgring experienced difficulties which led the District Court of Bad Neuenahr-Ahrweiler to declare them bankrupt and to proceed with the

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.

 

PDF Version

Author

  • L’actu-concurrence (Paris)

Quotation

Alain Ronzano, Interested party: Advocate General Pitruzzella considers that the judgment of the General Court of the European Union in the case of the sale of the assets of the Nürburgring motor racing circuit is vitiated by a failure to state reasons in various respects (Ja zum Nürburgring; NeXovation), 29 April 2021, Concurrences N° 2-2021, Art. N° 100588, www.concurrences.com

Visites 97

All reviews