CELEX: 62017CA0544
Language: en
Date: 2018-11-07 00:00:00
Title: Case C-544/17 P: Judgment of the Court (First Chamber) of 7 November 2018 — BPC Lux 2 Sàrl v European Commission, Portuguese Republic (Appeal — State aid — Action for annulment — Admissibility — Aid granted by the Portuguese authorities for the resolution of the financial institution Banco Espírito Santo SA — Creation and capitalisation of a Bridge Bank — Decision of the European Commission declaring the aid compatible with the internal market — Interest in bringing proceedings — Action before the national courts seeking annulment of the decision to put Banco Espírito Santo into resolution)

14.1.2019   
            
            
               EN
            
            
               Official Journal of the European Union
            
            
               C 16/24
            
         
      Judgment of the Court (First Chamber) of 7 November 2018 — BPC Lux 2 Sàrl v European Commission, Portuguese Republic
      (Case C-544/17 P) (1)
      
      ((Appeal - State aid - Action for annulment - Admissibility - Aid granted by the Portuguese authorities for the resolution of the financial institution Banco Espírito Santo SA - Creation and capitalisation of a Bridge Bank - Decision of the European Commission declaring the aid compatible with the internal market - Interest in bringing proceedings - Action before the national courts seeking annulment of the decision to put Banco Espírito Santo into resolution))
      (2019/C 16/29)
      Language of the case: English
      
         Parties
      
      
         Appellant: BPC Lux 2 Sàrl (represented by: J. Webber and M. Steenson, Solicitors, B. Woolgar, Barrister, and K. Bacon QC)
      
         Other parties to the proceedings: European Commission (represented by: L. Flynn and P.-J. Loewenthal, acting as Agents), Portuguese Republic
      
         Operative part of the judgment
      
      The Court:
      
                  1.
               
               
                  Sets aside the order of the General Court of the European Union of 19 July 2017, BPC Lux 2 and Others v Commission (T-812/14, not published, EU:T:2017:560);
               
            
                  2.
               
               
                  Refers the case back to the General Court of the European Union;
               
            
                  3.
               
               
                  Reserves the costs.
               
            
         (1)  OJ C 402, 27.11.2017.