1. EU LAW (STATE AIDS).
- Subjects
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ACTIONS & defenses (Law) , *SUBSIDIARY corporations , *BUSINESS enterprises - Abstract
The article analyzes a case involving French subsidiary of the Scott Paper Co., a U.S. corporation, where European Court of Justice rules that EC Commission's letter of inquiry to French Republic about possibly unlawful state aid to subsidiary tolled ten-year limitation period. The Scott Paper Company, acquired Bouton Brochard, a company governed by French law in 1969; it then set up a separate company, Bouton Brochard Scott S.A. to take over the business of Bouton Brochard. On September 30, 1998, the Commission officially published its decision to launch the procedure for investigating state aids provided for in Article 93(2) of the EC Treaty.
- Published
- 2005