CASE COMMENT: STATE AID - RECOVERY OF AID INCOMPATIBLE WITH THE COMMON MARKET - PRESENT-DAY VALUE OF THE AID - COMPOUND INTEREST RATE - NO STATEMENT OF REASONS - UNLAWFULNESS OF A COMPLETE ANNULMENT BY THE CFI

Recovery: The ECJ annuls the CFI’s ruling annuling a decision in its entirety whereas only the interest were at case but not the amount of the aid (Département du Loiret - Scott)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. – ECJ, 11 December 2008, Commission v Département du Loiret and Scott SA, Case C-295/07P. Following an appeal brought by the Commission, the Court of Justice sets aside thejudgment of the Court of First Instance of 29 March 2007 in Case T-37/07 Département du Loiret v Commission (T 369/00, ECR p. II 851). By that judgment, the Court of First Instance had annulled Commission Decision 2002/14/EC of 12 July 2000 on the State aid implemented by France for Scott Paper SA/Kimberly-Clark (OJ 2002 L 12, p. 1) in so far as that decision concerned the aid relating to the preferential price of a plot of land referred to in Article 1 thereof. Brief reminder of the

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  • European Commission - DG COMP (Brussels)

Quotation

Christophe Giolito, Recovery: The ECJ annuls the CFI’s ruling annuling a decision in its entirety whereas only the interest were at case but not the amount of the aid (Département du Loiret - Scott), 11 December 2008, Concurrences N° 1-2009, Art. N° 23581, pp. 148-149

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