CELEX: 62008TA0170
Language: en
Date: 2014-09-11 00:00:00
Title: Case T-170/08: Judgment of the General Court of 11 September 2014  — Commission v ID FOS Research (Arbitration clause — Contracts for financial assistance concerning projects in the field of industrial and materials technologies — Reimbursement of a part of the sums paid — Default interest)

27.10.2014   
            
            
               EN
            
            
               Official Journal of the European Union
            
            
               C 380/5
            
         Judgment of the General Court of 11 September 2014 — Commission v ID FOS Research
   (Case T-170/08) (1)
   
   ((Arbitration clause - Contracts for financial assistance concerning projects in the field of industrial and materials technologies - Reimbursement of a part of the sums paid - Default interest))
   2014/C 380/05
   Language of the case: Dutch
   
      Parties
   
   
      Applicant: European Commission (represented by: R. Lyal and W. Roels, acting as Agents)
   
      Defendant: ID Fiber Obtic Sensing Research (ID FOS Research) (represented initially by P. Walravens and J. De Wachter, subsequently by P. Walravens and C. Lebon, lawyers)
   
      Re:
   
   Action brought pursuant to Article 272 TFEU seeking the reimbursement of a part of the sums paid by the Commission, together with default interest, under contract BRPR-CT-95-0099 concluded in the framework of the specific programme for research and technological development, including demonstration, in the field of industrial and materials technologies (Brite-Euram III).
   
      Operative part of the judgment
   
   
               1.
            
            
               ID Fiber Optic Sensing Research (ID FOS Research) is ordered to reimburse the European Commission the sum of EUR 21  599,26, together with default interest:
               
                           —
                        
                        
                           at the rate of 4,75 % per annum from 1 July 2002 until 31 December 2002;
                        
                     
                           —
                        
                        
                           at the rate of 6,75 % per annum from 1 January 2003 until the date of the present judgment;
                        
                     
                           —
                        
                        
                           at the annual rate applied under the law of England and Wales, currently section 17 of the Judgment Courts Act, 1838, as amended, up to a maximum of 6,75 % per annum, from the date of the present judgment until the debt is fully settled.
                        
                     
         
               2.
            
            
               ID FOS Research is ordered to pay the costs.
            
         
      (1)  OJ C 171, 5.7.2008.