Compatible aid: The General Court of the European Union dismisses the action brought by an Irish airline against the European Commission’s decision concluding that rescue aid to a German airline following the liquidation of its parent company was compatible and clarifies the application of Article 22 of the guidelines on rescue and restructuring of companies (Ryanair)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. On May 18, 2022, the General Court of the European Union delivered its judgment in case T-577/20 (Ryanair v. European Commission) 380 million to the German airline Condor, which in 2019 experienced a severe liquidity shortage following the liquidation of its parent company, the Thomas Cook Group. This was to allow the airline to continue its operations until it reaches an agreement with its creditors and, if necessary, its sale is made. By decision of 14 October 2019 the commission had concluded that the measure was compatible with EU state aid rules. Ryanair then brought an action for annulment of the Commission's decision before the Court of First

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  • L’actu-concurrence (Paris)

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Alain Ronzano, Compatible aid: The General Court of the European Union dismisses the action brought by an Irish airline against the European Commission’s decision concluding that rescue aid to a German airline following the liquidation of its parent company was compatible and clarifies the application of Article 22 of the guidelines on rescue and restructuring of companies (Ryanair), 18 May 2022, Concurrences N° 2-2022, Art. N° 106789, www.concurrences.com

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