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Case T-386/14 RENV: Judgment of the General Court of 19 September 2019 — FIH Holding and FIH v Commission (State aid — Banking sector — Aid granted to FIH in the form of a transfer of its impaired assets to a new subsidiary and the subsequent purchase thereof by the body responsible for guaranteeing financial stability — State aid for banks during the crisis — Decision declaring the aid compatible with the internal market — Admissibility — Calculation of the amount of the aid — Manifest error of assessment)
ECLI:EU:UNKNOWN:62014TA0386(01)
62014TA0386(01)
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Valentina R., lawyer
25.11.2019
Official Journal of the European Union
C 399/39
(Case T-386/14 RENV) (*)
(State aid - Banking sector - Aid granted to FIH in the form of a transfer of its impaired assets to a new subsidiary and the subsequent purchase thereof by the body responsible for guaranteeing financial stability - State aid for banks during the crisis - Decision declaring the aid compatible with the internal market - Admissibility - Calculation of the amount of the aid - Manifest error of assessment)
(2019/C 399/45)
Language of the case: English
Parties
Applicants: FIH Holding A/S (Copenhagen, Denmark) and FIH A/S, previously FIH Erhvervsbank A/S (Copenhagen) (represented by: O. Koktvedgaard, lawyer)
Defendant: European Commission (represented by: L. Flynn, A. Bouchagiar and K. Blanck, acting as Agents)
Re:
Action on the basis of Article 263 TFEU for annulment of Commission Decision 2014/884/EU of 11 March 2014 on State aid SA.34445 (12/C) implemented by Denmark for the transfer of property-related assets from FIH to the FSC (OJ 2014 L 357, p. 89).
Operative part of the judgment
The Court:
1.Annuls Commission Decision 2014/884/EU of 11 March 2014 on State aid SA.34445 (12/C) implemented by Denmark for the transfer of property-related assets from FIH to the FSC;
2.Orders the European Commission to bear its own costs and to pay those incurred by FIH Holding A/S and FIH A/S.
(*)
Language of the case: English.
ECLI:EU:C:2025:140
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