The following Competition practice note provides comprehensive and up to date legal information covering:
The below tracks completed Court of Justice appeal cases involving State aid (Articles 107 to 109 TFEU) and other actions for the recovery of aid since 1 June 2015.
For ongoing Court of Justice appeal cases and other actions for the recovery of aid (including judgments from the last 30 days), see Court of Justice State aid appeals—ongoing cases tracker.
For details of completed State aid appeals before the General Court, see General Court State aid appeals—closed cases tracker, and for details of completed national reference cases before the Court of Justice involving State aid, see Court of Justice State aid national references—closed cases tracker.
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When defendants are guilty, they have a choice to plead guilty or to put the prosecution to proof. When they plead guilty they may benefit from a reduction in their sentence as a result, see Practice Note: Credit for guilty plea. However, the Sentencing Council's overarching guidelines on reduction
This Practice Note discusses Term Loan B (TLB) facilities which frequently appear as a tranche of senior facilities in syndicated loans in leveraged financings. TLBs are an established feature in the US market and increasingly used in the European lending market for institutional investors.This
Broadly, the doctrine of overreaching enables purchasers (which includes tenants and mortgagees) in good faith for money or money’s worth to rely solely on the legal title. In the case of registered land, this means the entries entered on the register of title, as it records ownership of the legal
Produced with input from Rebecca Cousin of Slaughter and May on market practice.This Practice Note summarises the rules and guidance in relation to parties who are, or may be presumed to be, acting in concert for the purposes of The City Code on Takeovers and Mergers (the Code). In particular the
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