Antitrust & Competition Policy Blog

Editor: D. Daniel Sokol
University of Florida
Levin College of Law

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Friday, April 13, 2012

The Residex case of the European Court: when do guarantees constitute illegal State aid?

Posted by D. Daniel Sokol

Steven Verschuur (Clifford Chance) and Lauri ten Hove ask The Residex case of the European Court: when do guarantees constitute illegal State aid?

ABSTRACT: National courts can cancel a guarantee that constitutes unlawful State aid if that cancellation can restore the competitive situation which existed before the guarantee was granted and if there are no less onerous procedural measures to do so.

http://lawprofessors.typepad.com/antitrustprof_blog/2012/04/the-residex-case-of-the-european-court-when-do-guarantees-constitute-illegal-state-aid.html

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Comments

The fact that the state aid being given was unlawful to begin with, I view this as a correct decision. Something I can't say happens too often in the Euro court system..haha

Posted by: Jack | Jul 12, 2012 10:15:27 AM

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