Banca delle Marche investors lose compensation claim at EU’s top court
( April 27, 2023, 11:28 GMT | Official Statement) -- MLex Summary: Italian bank foundations today lost their appeal at the bloc's highest court, where they argued that the European Commission should be liable for damages stemming from a failure to recapitalize Banca delle Marche in 2015. They argued that Italian authorities had been influenced by commission concerns over unlawful state aid. In a judgment delivered today, the Court of Justice fully rejected the legal challenge.The judgment is attached (in Italian). Case reference is C-549/21. ...
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