This document is an excerpt from the EUR-Lex website
Document 62005TA0445
Case T-445/05: Judgment of the Court of First Instance of 4 March 2009 — Associazione italiana del risparmio gestito and Fineco Asset Management v Commission (State aid — Aid scheme implemented by the Italian authorities for certain undertakings for collective investment in transferable securities specialised in shares of small- and medium-capitalisation companies — Decision declaring the aid incompatible with the common market — Actions for annulment — Direct and individual concern — Admissibility — Obligation to state the reasons on which the decision is based — Selective nature of the measure — Obligation of recovery)
Case T-445/05: Judgment of the Court of First Instance of 4 March 2009 — Associazione italiana del risparmio gestito and Fineco Asset Management v Commission (State aid — Aid scheme implemented by the Italian authorities for certain undertakings for collective investment in transferable securities specialised in shares of small- and medium-capitalisation companies — Decision declaring the aid incompatible with the common market — Actions for annulment — Direct and individual concern — Admissibility — Obligation to state the reasons on which the decision is based — Selective nature of the measure — Obligation of recovery)
Case T-445/05: Judgment of the Court of First Instance of 4 March 2009 — Associazione italiana del risparmio gestito and Fineco Asset Management v Commission (State aid — Aid scheme implemented by the Italian authorities for certain undertakings for collective investment in transferable securities specialised in shares of small- and medium-capitalisation companies — Decision declaring the aid incompatible with the common market — Actions for annulment — Direct and individual concern — Admissibility — Obligation to state the reasons on which the decision is based — Selective nature of the measure — Obligation of recovery)
OJ C 90, 18.4.2009, p. 24–24
(BG, ES, CS, DA, DE, ET, EL, EN, FR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)
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18.4.2009 |
EN |
Official Journal of the European Union |
C 90/24 |
Judgment of the Court of First Instance of 4 March 2009 — Associazione italiana del risparmio gestito and Fineco Asset Management v Commission
(Case T-445/05) (1)
(State aid - Aid scheme implemented by the Italian authorities for certain undertakings for collective investment in transferable securities specialised in shares of small- and medium-capitalisation companies - Decision declaring the aid incompatible with the common market - Actions for annulment - Direct and individual concern - Admissibility - Obligation to state the reasons on which the decision is based - Selective nature of the measure - Obligation of recovery)
2009/C 90/38
Language of the case: Italian
Parties
Applicants: Associazione italiana del risparmio gestito (Rome, Italy); and Fineco Asset Management SpA (Rome) (represented by: G. Escalar, G. Cipolla and V. Giordano, lawyers)
Defendant: Commission of the European Communities (represented by: V. Di Bucci and E. Righini, Agents)
Re:
Annulment of Commission Decision 2006/638/EC of 6 September 2005 on the aid scheme implemented by Italy for certain undertakings for collective investment in transferable securities specialised in shares of small- and medium-capitalisation companies listed on regulated markets (OJ 2006 L 268, p. 1).
Operative part of the judgment
The Court:
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1. |
Dismisses the action. |
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2. |
Orders the applicants to pay the costs. |