CELEX: 62012TA0499
Language: en
Date: 2015-11-12 00:00:00
Title: Case T-499/12: Judgment of the General Court of 12 November 2015 — HSH Investment Holdings Coinvest-C and HSH Investment Holdings FSO v Commission (State aid — Banking sector — Restructuring of HSH Nordbank — Decision declaring the aid compatible with the internal market on certain conditions — Action for annulment — Lack of individual concern — Minority shareholder of the aid beneficiary — Concept of distinctive interest — Partial inadmissibility — capital dilution)

11.1.2016   
            
            
               EN
            
            
               Official Journal of the European Union
            
            
               C 7/16
            
         Judgment of the General Court of 12 November 2015 — HSH Investment Holdings Coinvest-C and HSH Investment Holdings FSO v Commission
   (Case T-499/12) (1)
   
   ((State aid - Banking sector - Restructuring of HSH Nordbank - Decision declaring the aid compatible with the internal market on certain conditions - Action for annulment - Lack of individual concern - Minority shareholder of the aid beneficiary - Concept of distinctive interest - Partial inadmissibility - capital dilution))
   (2016/C 007/22)
   Language of the case: German
   
      Parties
   
   
      Applicants: HSH Investment Holdings Coinvest-C Sàrl (Luxembourg); and HSH Investment Holdings FSO Sàrl (Luxembourg) (represented by: H.-J. Niemeyer, H. Ehlers and C. Kovács, lawyers)
   
      Defendant: European Commission (represented by: L. Flynn, T. Maxian Rusche and R. Sauer, acting as Agents)
   
      Re:
   
   Action for annulment of Commission Decision 2012/477/EU of 20 September 2011 on State aid granted by Germany to HSH Nordbank AG SA.29338 (C 29/09 (ex N 264/09)) (OJ 2012 L 225, p. 1).
   
      Operative part of the judgment
   
   The Court:
   
               1.
            
            
               Dismisses the action;
            
         
               2.
            
            
               Orders HSH Investment Holdings Coinvest-C Sàrl and HSH Investment Holdings FSO Sàrl to pay the costs.
            
         
      (1)  OJ C 26, 26.1.2013.