Approx. 325 million EUR State aid recovery decision of the European Commission annulled in vast part in front of the Luxembourg General Court by White & Case LLP and Bondoc si Asociatii SCA

The teams of White & Case LLP and Bondoc & Asociatii SCA have jointly successfully assisted and represented Oltchim S.A. before the General Court of the European Union.

This complex case concerned State aid allegedly unlawfully granted in the scope of the Oltchim restructuring.

In its judgment rendered on 15 December 2021 (available here), the General Court ruled in favor of Oltchim.

For more details, please see here: