The European Court of Justice makes sure EU law is applied the same way across the EU.
The General Court confirms the withdrawal of AAB Bank’s authorisation as a credit institution
(Source: Court of Justice of the European Union)
That withdrawal by the ECB is justified inter alia by AAB Bank’s serious breaches of the rules on anti-money laundering and countering the financing of terrorism
Since 2010, the Österreichische Finanzmarktbehörde (Austrian financial markets supervisory authority; ‘the FMA’) has adopted a large number of injunctions and sanctions against […]
The action seeking annulment of the decision by the Commission to approve aid granted by Finland to the airline Finnair is dismissed in its entirety
(Source: Court of Justice of the European Union)
The Commission was entitled to approve the recapitalisation of Finnair, carried out by its public and private owners on a pro rata basis in proportion to the previously existing ownership structure, without initiating the formal investigation procedure.
On 3 June 2020, Finland notified the Commission of an aid […]
The General Court upholds the Commission’s decision prohibiting the proposed merger between thyssenkrupp and Tata Steel
(Source: Court of Justice of the European Union)
Thyssenkrupp, a German industrial group, and Tata Steel, a company whose registered office is in India, are active, inter alia, in the manufacturing and supply of flat carbon steel products and of electrical steel. Their centres of production are located, respectively, in Germany, the United Kingdom and […]
According to Advocate General Medina, uncontaminated top -quality excavated soil supplied by a construction undertaking to local farmers for improving the cultivation land may not constitute ‘waste’ under EU law
(Source: Court of Justice of the European Union)
Uncontaminated top-quality excavated soil, supplied after it has been selected and undergone a quality control, constitutes a by-product provided that the conditions laid down in the Waste Directive are fulfilled In July 2015, certain farmers asked Porr Bau, an Austrian construction undertaking, to supply them with excavated […]