Antitrust & Competition Policy Blog

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

Thursday, March 10, 2016

HSH Nordbank v Commission: Action for Annulment by Minority Shareholders Against State Aid Decisions Approving Aid in the Form of a Capital Increase

Philipp Werner, Jones Day has written on HSH Nordbank v Commission: Action for Annulment by Minority Shareholders Against State Aid Decisions Approving Aid in the Form of a Capital Increase.

ABSTRACT: The General Court (‘Court’) found with regard to procedural rights that a minority shareholder's action against a State aid decision approving aid as compatible is admissible only if the minority shareholder has a legitimate interest that differs from the legitimate interest of the company, eg as in the case the decision leads to diluting the minority shareholder's property rights, and held on the merits that the obligations on the minority shareholders were appropriate burden sharing.

 

 

https://lawprofessors.typepad.com/antitrustprof_blog/2016/03/hsh-nordbank-v-commission-action-for-annulment-by-minority-shareholders-against-state-aid-decisions-.html

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