natgillin/translations-raw huggingface dataset:
Furthermore, complainant 1 states that the Land and Capricorn were represented by the same law office.
so se prodajalci oddaljili od pisma o postopku z dne 17. oktobra 2013, ne da bi o tem obvestili ostale ponudnike, in sicer so v izključno korist podjetja Capricorn opustili zahtevo glede zagotovitve jamstva za financiranje skupne kupnine [123];
Complainant 1 requests the suspension of the tender process and its re-launch with clear award criteria, the qualification of the racetrack as an SGEI and its separation from the sale of the accommodation facilities and the leisure park.
so prodajalci kršili pogoje iz pisma o postopku, saj posameznim ponudnikom niso predložili dogovorjene in notranje odobrene dopolnjene pogodbe o nakupu sredstev pred rokom oddaje končne ponudbe, zato so bistveno otežili dokončne ureditve financiranja;
In addition, complainant 1 alleges that NBG has received new non-notified aid incompatible with the internal market because it was provided capital for the operation of the business at the Nürburgring from the insolvent NG of EUR 2239243 in the form of a transfer in the capital reserve (‘Kapitalrücklage’), that the operation is based on a new lease contract between NG, MSR, CMHN and NBG that was not tendered out, that NBG does not pay any rent and that NBG does not aim at increasing turnover and saving costs, because it keeps all the personnel and has born the costs for the organisation of Formula 1.
so prodajalci pogodbo o nakupu sredstev oddali tudi na podlagi okoljskih meril in brez nadaljnjega posvetovanja s tretjim pritožnikom domnevali, da podjetje ne bi moglo izpolniti teh meril, čeprav prodajalci niso uvedli izrecnih okoljskih pogojev, ter [124]
Complainant 1 also claims that a takeover by NBG of employment contracts of NAG employees, based on a contract concluded between NBG and the trade union ver.di on 26 July 2013, sets out that, through the takeover, no economic, social or legal disadvantages can be created to the employees, and it shows that a business model which was built up with unlawful aid has been maintained.
je bilo podjetje Capricorn deležno prednostne obravnave, saj se je posvetovalo o državni pomoči z odvetniško pisarno McDermott, ki je o isti zadevi pred tem že svetovala prodajalcem in zvezni deželi.
Comments from the insolvency administrators sent by Germany
Tretji pritožnik trdi, da prodaja vključuje sredstva, ki jih je mogoče pripisati državi [125], da obstaja nova državna pomoč v korist podjetja Capricorn in da je treba morebitni nalog za izterjavo v zvezi z državno pomočjo, dodeljeno prodajalcem sredstev, razširiti na podjetje Capricorn [126].
Pursuant to the insolvency administrators, the complaint should be refused because it does not make evident that the sale process deviated from a usual acquisition process.
Tretji pritožnik trdi, da je prodajna pogodba neveljavna zaradi kršitve obveznosti mirovanja iz člena 108(3) PDEU.
In an open, unconditional and transparent bidding process, offers for all assets cannot be excluded from the outset.
Nazadnje, tretji pritožnik trdi, da podjetje Capricorn ni plačalo drugega obroka kupnine, ki je zapadel v plačilo konec julija, kar po mnenju tretjega pritožnika kaže, da podjetje Capricorn ni predložilo popolnoma financirane ponudbe.
If such offer is higher than the sum of the combined offers for individual assets, an owner behaving in a market-conform manner would conclude the contract with the offer for all assets.
Poleg tega trdi, da so bili pogoji glede financiranja pridobitve sredstev Nürburgringa po navedenem neplačilu spremenjeni v korist podjetja Capricorn in da je to očiten odmik od pravil, ki so jih določili prodajalci, in pisma o postopku, poslanega ponudnikom, kar bi lahko pomenilo dodatno pomoč v korist podjetja Capricorn.
Under these circumstances, only the latter offer is a market price [114].
Po navedbah stečajnih upraviteljev tretji pritožnik ni predložil nobene zavezujoče finančne zaveze za plačilo 30 milijonov EUR, in sicer niti skupaj s potrdilno ponudbo z dne 17. februarja 2014 (v kateri je bila omenjena zavezujoča finančna zaveza […] v višini 30 milijonov EUR) niti skupaj s pritožbo, trditev tretjega pritožnika, da bi lahko dokaz o financiranju predložil pozneje, pa ni bila potrjena niti z nezavezujočimi izjavami tretjih oseb.
The exclusion of such offers from purchases in insolvency proceedings would equal to a breach of the business freedom and the ownership right of the insolvency creditors guaranteed by the Charter of fundamental rights of the European Union.
Za razliko od potrdilnih ponudb podjetja Capricorn in [drugega ponudnika] potrdilna ponudba tretjega pritožnika ni izpolnjevala finančnih zahtev iz pisma o postopku z dne 17. oktobra 2013.
A preferential treatment of offers for all assets did not take place.
Prodajalci 11. marca 2014 zato niso imeli razlogov za oddajo pogodbe tretjemu pritožniku.
The non-qualification of complainant 2 for the access to the data room was caused only by the insufficient amount of its price offer.
Tveganje, da bi čakanje na dokaz o financiranju tretjega pritožnika povzročilo zmanjšanje števila ponudnikov na ena ali nič, za prodajalce ni bilo sprejemljivo, saj:
The bidding process had been done in stages.
Domnevna finančna zaveza skupine Jupiter Financial Group z dne 26. marca 2014 prodajalcem ni bila predložena, poznejše nepodpisano pismo investicijske banke in svetovalnega podjetja […] z dne 31. marca 2014 pa je pogojeno z zadovoljivim izidom skrbnega pregleda.
The bidders qualify for a next stage only if there is a sufficient closing probability.
Razvojni sklad v višini 200 milijonov EUR za občine v okolici Nürburgringa ne bi koristil prodajalcem.
The advantage of this approach is that sensible business data are not accessible to more bidders than necessary and that the cost of the due diligence can be reduced for both the seller and the bidders that offer an insufficient price.
Stečajna upravitelja navajata, da se struktura transakcije (prodaja posameznih sredstev, skupin sredstev ali vseh sredstev brez prenosa deležev ali obveznosti) v postopku zbiranja ponudb ni spremenila.
The bidders were provided sufficient information in each stage of the process.
Pojem „prazna bilanca stanja“ pomeni le, da je prenos obveznosti ob prodaji izključen.
The award criteria were defined unambiguously.
Prodajalci nikoli niso zahtevali, da kupec prevzame pogodbe podjetja NBG.
The award criterion is the total proceeds weighted in view of the closing probability, which is further defined by sub-criteria.
Stečajna upravitelja zaradi posebnega položaja podjetja NBG z vidika prenosa sredstev, ki se je načrtoval že od začetka, nista upoštevala možnosti, da bi kupec prevzel najemno pogodbo med prodajalci in podjetjem NBG.
The data room was not limited to five tenders for technical reasons.
Trdita, da je tretji pritožnik zelo pozno spoznal, da bi v primeru prevzema sredstev 1. januarja 2014 dobil pretežno „prazen“ kompleks Nürburgring ter da bi nove pogodbe s strankami in sponzorji prinesle (povečane) prihodke šele v sezoni 2015 zaradi časa, potrebnega za načrtovanje dogodkov (dirk).
The number of accesses was the result of the evaluation of offers.
Poleg tega so prodajalci večkrat poudarili, da lahko ponudniki opredelijo predmet nakupa.
According to the insolvency administrators, NBG was established by them as a vehicle for a temporary operation of the assets during the insolvency until the sale of assets.
V zvezi z odškodninskimi zahtevki tretjih oseb so prodajalci tretjega pritožnika obvestili, da bo zelo težko sklenil nove pogodbe s strankami podjetja NBG pod pogoji, ki so za stranke slabši od pogojev obstoječih pogodb, če se vprašanje odškodnine za neizpolnjevanje obveznosti iz pogodb s podjetjem NBG ne bo rešilo.
Previously, the operational business was carried out by NAG.
Treba je bilo odpraviti tveganje, da bodo kupec in pogodbeni partnerji sklenili novo pogodbo, ki bo ustvarila položaj, v katerem bo pogodbeni partner plačal visoko plačilo, zahteval odškodnino, enako razliki s predhodnim zneskom plačila, in v poznejših letih, za katera ne bo imel pogodbe s podjetjem NBG, plačeval bistveno nižje plačilo.
Since the lease of the Nürburgring to NAG, the companies NG, MSR and CMHN were mere owner companies without operational business.
Zahteva prodajalcev glede take izključitve ni neobičajna za prodajo sredstev zaradi zaprtja podjetij in omogoča, da se zagotovi najboljša prodaja v interesu upnikov.
Pursuant to the insolvency administrators, NG, MSR and CMHN could not be considered for the take-over of the operational business.
Po navedbah stečajnih upraviteljev je bil rok za oddajo potrdilnih ponudb podaljšan s pismom z dne 17. decembra 2013, saj tudi drugi ponudniki še niso predložili zadovoljivih ponudb.
Third, the conclusion of contracts with insolvent companies does not comply with internal compliance rules of many companies, and the operational business had thus to be continued via a non-insolvent subsidiary as an acceptable contractual partner to the customers of the Nürburgring.
Stečajna upravitelja navajata, da je tretji pritožnik 6. marca 2014 predložil dopolnjeno pogodbo o prodaji sredstev za svojo potrdilno ponudbo.
The employees could also not be required to change from NAG to insolvent companies.
Po navedbah stečajnih upraviteljev so imeli vsi ponudniki, ki so se uvrstili v ustrezno fazo izbirnega postopka, na voljo iste dokumente v podatkovni sobi.
NBG was not established and equipped as a long-term solution.
Dokumenti, navedeni v pritožbi, prodajalcem in zlasti drugim ponudnikom niso bili dostopni prej, vsi ponudniki so imeli enako možnost, da si ogledajo dokumente v podatkovni sobi, in drugi ponudniki so skrbni pregled opravili na podlagi istih dokumentov.
In contrast to the assets managed by NBG, the latter company was not for sale.
Vsi ponudniki so bili dovolj zgodaj obveščeni, da so bile računovodske evidence podjetij pomanjkljive.
Moreover, the insolvency administrators state that the provision of capital to NBG was carried out by the insolvency administrators in view of the sale (avoidance of lower revenues in case of non-operation) only according to economic considerations, that the assets of NG were increased by NBG, not decreased [115], that the said provision of capital does not provide an advantage to NBG, and that the establishment and equipment of NBG is not imputable to the State, but to the insolvency administrators.
Skoraj vsi dokumenti prodajalcev in podjetja NBG so bili v podatkovni sobi na voljo v nemščini, prodajalci pa niso bili obvezani, da vse dokumente zagotovijo v angleščini.
The employment contracts were transferred from NAG to NBG according to § 613a of the German Civil Code, and not on the basis of the said contract.
Stečajna upravitelja navajata, da sta presegla zahteve, ki izhajajo iz prakse odločanja Komisije [127].
In view of Article 7 and 9 TFEU and Council Directive 2001/23/EC [116], competition related considerations cannot lead to the circumvention or decrease of the social standard.
Pogajanja o novi pogodbi o dobavi piva in glede dogodka „Rock am Ring“ je opravilo podjetje NBG in ne podjetje Capricorn, povezani dokumenti pa so bili dani na voljo v podatkovni sobi.
NBG had to avoid that the remaining qualified employees have to be replaced during the transitional period.
Prodajalci v razpisni postopek niso vključili okoljskih meril za izbiro končne ponudbe.
Between the beginning of 2011 and the end of 2012 the personnel was reduced by 114 full-time equivalents (from 402 to 288 full-time equivalents).
Poleg tega sta stečajna upravitelja poskušala oceniti verjetnost, da bo tretji pritožnik zagotovil financiranje, in sicer sta proučila nadaljnje kazalce poslovnega modela tretjega pritožnika, na podlagi katerih bi se lahko ugotovila verjetnost izvedbe transakcije.
At the beginning of the 2013 season, 290 were employed.
Poslovni model tretjega pritožnika je temeljil na […] in na […].
The bidders were informed that they have the possibility to adjust the scope of the transaction to their business concept.
Ker zahteve glede hrupa, ki veljajo za Nürburgring, ne dopuščajo […], […] pa ne obstaja, ni bilo mogoče pričakovati, da se bo ta koncept izvedel v kratkem času.
The transfer of employees is no indicator for the maintenance of a business model.
Glede koncepta tretjega pritožnika se je torej ocenilo, da obstaja veliko tveganje, da pogodba ne bo sklenjena, ali da bo sklenitev zahtevala vsaj veliko časa in pogajanj.
Germany considers as not required by the State aid rules and as not acceptable in view of the European social model that a buyer of assets of a company in insolvency should be required to avoid the transfer of employment contracts and to conclude new employment contracts under the threat of recovery of aid granted previously to that company.
Skladnost koncepta z zahtevami glede hrupa na dirkališču Nürburgring ni bila merilo za dodelitev.
COMPLAINT FROM ADAC e.V.
V zvezi s trditvijo tretjega pritožnika, da ponudba podjetja Capricorn ni bila brezpogojna, saj je bil pogoj zanjo sklep Komisije, ki ga ne bi bilo mogoče izpodbijati in bi jasno določal, da nalog za izterjavo ne bo razširjen, stečajna upravitelja in Nemčija trdijo, da je tretji pritožnik v svojo dopolnjeno pogodbo vključil pogoje s podobnim učinkom.
(COMPLAINANT 2)
Glede na določbe, vključene v zadevne dele navedenih dopolnjenih pogodb, ki so jih predložili stečajna upravitelja in Nemčija, sta imela kupec in/ali prodajalec pravico, da odstopita od pogodbe, če pozitiven sklep Komisije ne bo izdan do 15. julija 2014 (kot je določeno v osnutku pogodbe z dne 14. januarja 2014) ali 31. decembra 2014 (kot je določeno v dopolnjenem osnutku pogodbe z dne 14. februarja 2014).
According to complainant 2, he was notified by the sellers that his offer could not be taken into account in the next stage of the sale, as the price offered by him was substantially lower than the price included in other offers, and related only to part of the assets, while maximisation of value was sought through all assets.
Po navedbah stečajnih upraviteljev dejstvo, da nobeden od dveh ponudnikov, ki sta predložila kvalificirano potrdilno ponudbo, ni v celoti izpolnil zahteve po varnem financiranju (jamstvo v vezi s kupnino ali plačilo kupnine na depozitni račun) in da so prodajalci zato domnevno opustili navedeno zahtevo, ne da bi o tem obvestili tretjega pritožnika, ni dokaz o nepreglednosti postopka.
Complainant 2 claims that the sale process aims at economic continuity of the activities and the market position of the Nürburgring in its current form, and it is therefore not suitable for the avoidance of a transfer of an advantage from the aid already granted to the buyer of the assets.
To ni vplivalo na tretjega pritožnika, saj ni predložil potrdilne ponudbe z dokazom o financiranju.
He points out that only a sale to several bidders can breach the economic continuity, that offers for the totality of assets were preferred by the sellers compared to offers for individual assets, the latter being allowed but de facto without any chance, and that there are no criteria for the evaluation of offers for part of the assets in relation to offers for the totality of assets and that only the latter offers qualified for the second stage of the process.
Obvestilo vsem ponudnikom o domnevni opustitvi ne bi vplivalo na razpisni postopek.
Complainant 2 also states that the sale process was carried out by the insolvency administrator in breach of the State aid rules, including a lack of transparency and non-discrimination, and it is therefore not suited to achieve a market price.
Poleg tega opustitev ni vzrok za dejstvo, da tretji pritožnik ni predložil potrdil o financiranju, in ustreza ravnanju hipotetičnega zasebnega prodajalca.
Complainant 2 claims that data on the financial situation of NG relevant for the price offers were missing in the tender documentation, which led to excessive indicative offers, which would probably be decreased after the process stage allowing access to the data room.
Stečajna upravitelja trdita, da ukrepov, ki sta jih sprejela, ali ukrepov, ki jih je sprejel odbor upnikov, ni mogoče pripisati državi in da ni nobene očitne prednosti za podjetje Capricorn, saj so prodajalci izbirni postopek opravili v skladu z načelom subjekta, ki deluje pod tržnimi pogoji.
Complainant 2 states that the profits were substantially decreased compared to the expected profits for 2013 previously communicated to the bidders, without giving them a possibility for a new analysis of the financial data.
Nazadnje, v zvezi s trditvijo, da ponudba podjetja Capricorn ni bila v celoti financirana, saj podjetje ni plačalo drugega obroka kupnine, in da bi lahko obstajala dodatna pomoč za podjetje Capricorn, saj so bili po navedenem neplačilu pogoji za financiranje pridobitve sredstev Nürburgringa spremenjeni v korist podjetja Capricorn, nemški organi trdijo:
Complainant 2 also alleges that the information about the financial situation of NBG and the necessary mid-term and long-term investments was not sufficiently disclosed and that the tender documentation implies long-term contractual relationships, although the contracts with complainant 2 were extended only by one year (2014).
da podjetje Capricorn ni imelo nobenih koristi, saj je bil drugi obrok odložen z 8-odstotno obrestno mero in zastavnimi pravicami (glej opombo 72);
In addition, the criterion of a secure financing was not sufficiently taken into account, otherwise the bidder La Tene Capital Limited could not access the data room with an unrealistically high offer and without a confirmation of the financing.
Po mnenju stečajnih upraviteljev bi bilo treba pritožbo zavrniti kot neutemeljeno.
Comments from the insolvency administrators contained in recitals 101 to 105 apply also to the complaint from complainant 2.
Neutemeljeni namigi tretjega pritožnika v zvezi s financiranjem niso v skladu z ravnanjem preudarnega udeleženca na trgu ali stečajnega upravitelja.
COMPLAINT FROM [BIDDER 3] (COMPLAINANT 3)
PRITOŽBA MEYRICKA COXA (ČETRTI PRITOŽNIK)
Complainant 3 claims that the sales contract was not awarded to the bidder with the highest offer, but to a preferred local bidder.
Četrti pritožnik trdi, da razlog za oddajo pogodbe podjetju Capricorn ni bil ekonomsko najugodnejša ponudba, ampak dejstvo, da gre za nemško podjetje in da prodajalci sredstev niso želeli prodati konzorciju pod vodstvom zasebnih subjektov.
Pursuant to complainant 3, non-economic considerations such as regional objectives or reasons of industrial policy that would not be accepted by an investor acting in accordance with market economy principles may not be taken into consideration for a lower price but point to a case of State aid [117].
Nadalje trdi, da je bila ponudba podjetja Capricorn z vidika več meril nižja od ponudbe [drugega ponudnika].
According to complainant 3, this was not the case, because:
so bila v ponudbi [drugega ponudnika] predvidena višja vnaprejšnja plačila [129];
complainant 3 submitted a binding financing commitment by a private equity fund in the amount of EUR 30 million; and (2) it was not possible to receive the binding commitment for the further tranches of the purchase price due to a delay and lack of documentation by the sellers.
tveganje, da transakcija ne bo izvedena, je bilo večje v primeru podjetja Capricorn kot v primeru, da bi se sprejela ponudba [drugega ponudnika] [130];
(‘Jupiter Financial Group’) to complainant 3, dated 26 March 2014, informing complainant 3 of a binding proposal by Jupiter Financial Group for the financing of the acquisition of the Nürburgring assets (for the financial components of this proposal, see footnote 105).
so bili ponudniki v razpisnem postopku obravnavani različno in da je bilo podjetje Capricorn deležno ugodnejše obravnave [132].
The financing proposal was subject, among other conditions, to the completion of due diligence satisfactory to Jupiter Financial Group.
Poleg tega četrti pritožnik trdi, da podjetje Capricorn ni plačalo drugega obroka kupnine, ki je zapadel v plačilo konec julija, ter da so bili znesek v višini 25 milijonov EUR in 8-odstotne zamudne obresti opuščeni v korist podjetja Capricorn, kar pomeni dodatno državno pomoč v korist tega podjetja.
According to complainant 3, if one takes further future cash payments into account, the difference between the offers of Capricorn and complainant 3 is EUR 73 million.
Poleg tega četrti pritožnik trdi, da podjetje Capricorn ni imelo podpisane pogodbe s […] o financiranju ponudbe, ampak samo nezavezujoč dogovor, zato podjetje v času sestanka odbora upnikov ni imelo ustreznega dogovora o financiranju.
Finally, complainant 3 alleges that there is aid in favour of Capricorn which amounts to at least EUR 73 million, i.e. the difference between the purchase price offered by complainant 3 as the bidder with the highest bid and the price offered by the successful bidder.
Nazadnje, četrti pritožnik ugotavlja, da informacije, ki jih je predložil, jasno kažejo, da je bila podjetju Capricorn v postopku prodaje sredstev Nürburgringa zagotovljena prednost, da ta prednost izhaja iz odločitve, ki ni v skladu z načinom, kako bi prodajalec na trgu izvedel postopek in ocenil ponudbe na podlagi meril za dodelitev, da tak prodajalec na trgu ne bi sklenil, da je ponudba podjetja Capricorn na splošno ekonomsko ugodnejša od ponudbe [drugega ponudnika], in da je treba začeti nov postopek, v katerem se bodo uporabila dosledna merila, da se zagotovi odprt, pravičen in brezpogojen razpisni postopek s časovnim razporedom, ki bo jasno določen in se bo spoštoval, identiteta ponudnikov pa se v postopku ne bo razkrila odboru upnikov.
In this regard, according to complainant 3, when taking into account the support in favour of the local communities, the aid amount is raised by EUR 200 million, to an overall EUR 273 million.
Stečajna upravitelja navajata, da je vpliv na četrtega pritožnika kot člana konzorcija [drugega ponudnika] zgolj posreden.
Complainant 3 also claims that Capricorn's offer was not unconditional, since it was subject to a non-contestable decision by the Commission making clear that there is no extension of the recovery order.
Poleg tega predlagata, da se pritožba ovrže, saj je bil razpisni postopek odprt, pregleden in brezpogojen, sredstva pa so bila prodana ponudniku, ki je predložil ponudbo, ki bo zagotovila najvišje prihodke.
According to complainant 3, this constitutes a deviation from the announced principles of the sales procedure, which caused a violation of the tender procedure since other parties like complainant 3 were not informed about the adjustments.
Stečajna upravitelja zanikata, da so člani odbora upnikov privolili v prodajo podjetju Capricorn zaradi dejstva, da je to podjetje nemško in ni konzorcij pod vodstvom zasebnih subjektov.
Furthermore, complainant 3 argues that the sale of assets has not been made in the course of an open, transparent and unconditional selection process.
Po navedbah stečajnih upraviteljev ponudba podjetja Capricorn prinaša bistveno višje prihodke od prodaje kot ponudba [drugega ponudnika], med navedenima ponudbama pa ni odločilnih razlik v varnosti transakcije, ki bi upravičile izbiro bistveno nižje ponudbe (pri obeh ponudbah je bila varnost transakcije zadovoljiva, ne pa največja).
Specifically, complainant 3 alleges that:
V nasprotju s tem je Robertino Wild, ki je delničar podjetja Capricorn, zagotovil vrednostne papirje v visokem znesku, zunanje financiranje podjetja Capricorn pa je bilo dokazano z običajnim potrdilom o financiranju banke Deutsche Bank.
The fact books provided by the sellers were materially incorrect and misleading;
Stečajna upravitelja sta preverila potrdilo o financiranju, ugotovitve preveritve, tj. da potrdilo ne vsebuje nobenih nenavadnih izjav o omejitvi odgovornosti ali pogojev, pa sporočila odboru upnikov.
particularly the suggested ‘clean balance sheet’ transaction structure was unrealisable.
Lastna finančna sredstva v višini [14–17] milijonov EUR in zunanja finančna sredstva v višini [41–49] milijonov EUR so zavarovana s pogodbeno kaznijo v višini [22–27] milijonov EUR, ki jo mora kupec plačati, če prodajalci odstopijo od pogodbe zaradi neporavnanih plačil.