Judgement

20 May: Cross border litigation between a business to which a road traffic accident victim’s claim against an insurance undertaking was transferred and that undertaking: The Court of Justice clarifies the rules regarding jurisdiction

(Source: Court of Justice of the EU)

On 28 February 2018 a road traffic accident occurred in Poland involving the collision of twovehicles. The person responsible for the accident had taken out a contract for motor liabilityinsurance with Gefion Insurance A/S (‘Gefion’), an insurance company with its registered office inDenmark. On 1 March 2018 the injured party leased a replacement vehicle from the repairworkshop to which his damaged vehicle had been entrusted. By way of payment for that leaseservice arrangement, that person transferred the claim against Gefion to the repair workshop. On25 June 2018 the repair workshop then assigned that …

19 May: The solvency support fund for strategic Spanish undertakings experiencing temporary difficulties due to the impact of the Covid-19 pandemic is compatible with EU law

(Source: Court of Justice of the EU)

The measure at issue, intended for the adoption of recapitalisation measures with a budget of €10 billion, constitutes a State aid scheme but is proportionate and non-discriminatory.

In July 2020, Spain notified the European Commission of an aid scheme to establish a solvency support fund for strategic Spanish undertakings which are experiencing temporary difficulties due to the impact of the Covid-19 pandemic. That support fund is authorised to adopt various recapitalisation measures in favour of non-financial undertakings that are established in Spain and have their principal places of business there, which are considered …