The German Higher Regional Court of Thuringia judges that when dealing with the recovery of unlawful State aid, the provisions of the German laws on maintenance of capital and insolvency should be considered, so long as this does not contravene the rationale of Article 87(1) EC (Insolvency procedure 3)

Brief description of the facts and legal issues The Thuringia Higher Regional Court judges that when dealing with the recovery of unlawful State aid, the provisions of the German laws on maintenance of capital and insolvency should be considered, so long as this does not contravene the rationale of Article 87(1) EC. EC State aid rules do not supersede the claim of a liquidator to recover an unlawful capital-substitutive (kapitalersetzend) financial aid that was recovered by the granting authority (Insolvency procedure 3) Parties: The applicant: Liquidator of the L. GmbH The defendant: Public authority dedicated to the promotion of economic development in the region of Thuringia Factual background: The L. GmbH, a company producing compact discs, went bankrupt in December 2000.

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Auteurs

  • Delegation of the European Union to the United States (Washington D.C.)
  • European Commission (Brussels)

Citation

Rainer Wessely, Alix Müller-Rappard, The German Higher Regional Court of Thuringia judges that when dealing with the recovery of unlawful State aid, the provisions of the German laws on maintenance of capital and insolvency should be considered, so long as this does not contravene the rationale of Article 87(1) EC (Insolvency procedure 3), 30 novembre 2005, e-Competitions November 2005, Art. N° 26925

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