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Valentina R., lawyer
(Case C-391/10)(Failure of a Member State to fulfil obligations - Directive 2007/36/EC - Exercise of certain rights of shareholders in listed companies - Failure to transpose completely within the prescribed period)
2011/C 103/16
Language of the case: French
Applicant: European Commission (represented by: G. Braun and L. de Schietere de Lophem, Agents)
Defendant: Kingdom of Belgium (represented by: M. Jacobs and J.-C. Halleux, Agents)
Failure of a Member State to fulfil obligations — Failure to take or to communicate within the prescribed period the measures necessary to comply with Directive 2007/36/EC of the European Parliament and of the Council of 11 July 2007 on the exercise of certain rights of shareholders in listed companies (OJ 2007 L 184, p. 17)
The Court:
1.Declares that, by failing to adopt, within the prescribed period, all the laws, regulations and administrative provisions necessary to comply with Directive 2007/36/EC of the European Parliament and of the Council of 11 July 2007 on the exercise of certain rights of shareholders in listed companies, the Kingdom of Belgium has failed to fulfil its obligations under that directive;
2.Orders the Kingdom of Belgium to pay the costs.
*1 Language of the case: English.
ECLI:EU:C:2011:140