ALERTS: STATE AID - EUROPEAN UNION - DISMISSAL - ANNULMENT - BANKING SECTOR

Banking sector: The General Court of the European Union annuls a decision concerning the State aid implemented by Denmark for the disposal of the real estate assets of a bank in financial difficulty, but essentially confirms the Commission’s calculation of the aid (FIH)

*This article is an automatic translation of the original article in French, provided here for your convenience. Read the original article. On 19 September 2019, the Court of First Instance of the European Union delivered a new judgment in the case of State aid in favour of the Danish bank FIH. It will be remembered that by order of March 6, 2018 in Case C-579/16 (European Commission v FIH Holding A/S, FIH Erhvervsbank A/S), the Court of Justice of the European Union, upholding the appeal brought by the Commission, set aside thejudgment of 15 September 2016 in Case C-579/16 (European Commission v. FIH Holding A/S, FIH Erhvervsbank A/S)in favour of which the Court of First Instance of the European Union had itself annulled, in Case T-386/14 (FIH Holding A/S and FIH Erhvervsbank A/S v

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  • L’actu-concurrence (Paris)

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Alain Ronzano, Banking sector: The General Court of the European Union annuls a decision concerning the State aid implemented by Denmark for the disposal of the real estate assets of a bank in financial difficulty, but essentially confirms the Commission’s calculation of the aid (FIH), 19 September 2019, Concurrences N° 4-2019, Art. N° 91749, www.concurrences.com

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