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Case T-335/08: Judgment of the General Court of 1 July 2010 — BNP Paribas and BNL v European Commission (State aid — Measures taken by the Italian authorities concerning certain restructured banks — Scheme for the realignment of the value of assets for tax purposes — Decision classifying the aid scheme as incompatible with the common market and ordering recovery of the aid — Action for annulment — Individual concern — Admissibility — Concept of State aid — Advantage — Selective nature — Obligation to state reasons)
ECLI:EU:UNKNOWN:62008TA0335
62008TA0335
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14.8.2010
Official Journal of the European Union
C 221/39
(Case T-335/08) (<span class="super">1</span>)
(State aid - Measures taken by the Italian authorities concerning certain restructured banks - Scheme for the realignment of the value of assets for tax purposes - Decision classifying the aid scheme as incompatible with the common market and ordering recovery of the aid - Action for annulment - Individual concern - Admissibility - Concept of State aid - Advantage - Selective nature - Obligation to state reasons)
2010/C 221/62
Language of the case: Italian
Parties
Applicant: BNP Paribas (Paris, France) and Banca Nazionale del Lavoro SpA (BNL) (Rome, Italy) (represented by: R. Silvestri, G. Escalar and M. Todino, lawyers)
Defendant: European Commission (represented by: V. Di Bucci and E. Righini, Agents)
Re:
Application for annulment of Commission Decision 2008/711/EC of 11 March 2008 on State aid C 15/07 (ex NN 20/07) implemented by Italy on the tax incentives in favour of certain restructured banks (OJ 2008 L 237, p. 70)
Operative part of the judgment
The Court:
1.Dismisses the action.
2.Orders BNP Paribas and Banca Nazionale del Lavoro SpA (BNL) to pay the costs.
(<span class="super">1</span>) OJ C 272, 25.10.2008.