The EU Advocate General Tanchev issues his opinion and recommends that the EU Court of Justice partially annul a gun-jumping fine (Marine Harvest)

GUN JUMPING: AG TANCHEV TELLS EUROPEAN COURT OF JUSTICE THAT MARINE HARVEST SHOULD RECEIVE ONE FINE, NOT TWO* There has been an important milestone in the search for more legal certainty in gun-jumping cases: On September 26, 2019, Advocate General (AG) Tanchev issued his opinion in the Marine Harvest case (C-10/18 P) and recommended that the European Court of Justice (CoJ) partially annul Marine Harvest’s gun-jumping fine. Below we take a look at the opinion as well as its potential implications for businesses engaging in M&A activity in the EU. Run up to the case The case relates to the acquisition of sole control of Morpol by Marine Harvest. The acquisition took place in two phases: On December 18, 2012, Marine Harvest acquired a 48.5% shareholding in Morpol (the first phase

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Jean-Nicolas Maillard, The EU Advocate General Tanchev issues his opinion and recommends that the EU Court of Justice partially annul a gun-jumping fine (Marine Harvest), 26 septembre 2019, e-Competitions September 2019, Art. N° 92233

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