Banco Privado Portugues And Massa Insolvente Do Banco Privado Portugues v Commission: ECFI 12 Dec 2014

ECJ Judgment – State aid – Financial sector – State Guarantee accompanying a bank loan – Aid to remedy a serious disturbance in the economy of a Member State – Article 107, paragraph 3, sub b) TFEU – Decision declaring the aid incompatible with the common market – Guidelines on State aid for rescuing and restructuring firms in difficulty – Compliance with the Commission communication on aid to the financial sector in the context of the financial crisis – Legitimate expectations – Obligation to state reasons

T-487/11, [2014] EUECJ T-487/11, ECLI:EU T:2014:1077
Bailii

European, Banking

Updated: 24 December 2021; Ref: scu.539887