The General Court has upheld a challenge to a 2016 Commission decision that had required Ireland to recover €13.2 billion in illegal State aid from Apple, on account of alleged preferential tax treatment for the...more
7/20/2020
/ Annulment ,
Apple ,
Corporate Taxes ,
EU ,
European Commission ,
Illegal State Aid ,
IP License ,
Ireland ,
Multinationals ,
Popular ,
Refunds ,
Reversal ,
State Aid ,
Subsidiaries
In anticipation of the wave of requests from stricken companies due to the COVID-19 outbreak for more long-term State support, on 8 May, the Commission extended the scope of its State aid Temporary Framework to allow Member...more
On 3 April, the Commission adopted an Amendment to extend the Temporary Framework for State aid measures to support the economy in the COVID-19 outbreak adopted on 19 March (covered in our previous alert: European Commission...more
The European Commission has now adopted a Framework of temporary State aid rules enabling Member States to adopt measures to support the growing number of businesses suffering because of the COVID-19 outbreak. This is the...more
3/25/2020
/ Banks ,
Coronavirus/COVID-19 ,
Emergency Response ,
EU ,
European Commission ,
Federal Grants ,
Federal Loans ,
Financial Distress ,
Interest Rates ,
Member State ,
Small and Medium-Sized Enterprises (SMEs) ,
State Aid ,
State of Emergency ,
Subsidies ,
Tax Credits ,
Tax Deferral ,
Treaty on the Functioning of the European Union (TFEU)
On Thursday, 27 March, the European Court of Justice of the European Union (ECJ) annulled the General Court's ruling and the European Commission's decision on the EEG 2012 on the grounds that it was wrong to conclude that the...more
4/11/2019
/ Electricity ,
EU ,
European Commission ,
European Court of Justice (ECJ) ,
Germany ,
Green Energy ,
Member State ,
Renewable Energy ,
Reversal ,
State Aid ,
State Budgets ,
Surcharges
The UK announces interim measures for dealing with the capacity market in the standstill period imposed by the Tempus Decision. In the meantime, Tempus Energy is pursuing national legal action against the UK as well as...more
4/3/2019
/ Capacity Market ,
Energy Policy ,
Energy Sector ,
EU ,
European Commission ,
Government Investigations ,
Pending Litigation ,
Power Grid ,
Public Contracts ,
State Aid ,
Transmission Grid ,
UK