S H E A R M A N & S T E R L I N G L L P | 1 2 1
STATE AID
In this article we examine a recent landmark
case
1
where the European Court of Justice
recognized that if a creditor challenges a
national banking resolution process on the
grounds that it has suffered damage, it should
also have legal standing to bring a case
against the relevant State aid decision as
these processes are inextricably linked.
Continued overleaf
THE EUROPEAN
COURTS
RECOGNIZE
CREDITORS'
INTERESTS
IN STATE AID
DECISIONS
BY JAMES WEBBER AND ÖZLEM FIDANBOYLU
