CELEX: 62010CJ0375
Failure of a Member State to fulfil obligations
Directive 2007/36/EC
Exercise of certain rights of shareholders in listed companies
Failure to transpose within the period prescribed

Failure of a Member State to fulfil obligations – Failure to adopt, within the period prescribed, 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).
Operative part
The Court:
1.
Declares that, by failing to adopt, within the period prescribed, 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 Spain has failed to fulfil its obligations under Article 15 thereof;
2.
Orders the Kingdom of Spain to pay the costs.