If Sisu / Arvo get JR compensation ? (1 Viewer)

Kingokings204 said:

If the loan is repaid then sisu can come in and but the debt like the roadmap suggested or ACL can go admin or bust. ACL won't go bust as the shareholders will get nothing back on their shares due to no major creditors so it will restructure the loan with or without sisu.

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Godiva said:

I was agreeing with everything until the very last sentence.

In my understanding - ordering the repaying of the loan is not a remedy but an obligatory action if unlawful state aid is the ruling.
Then I agree again - damages would probably need a seperate hearing, but the judge may rule if he will allow such a hearing or not.

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dongonzalos said:

http://www.publiclawproject.org.uk/data/resources/116/PLP_2006_Remedies_In_JR.pdf

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Godiva said:

I was agreeing with everything until the very last sentence.

In my understanding - ordering the repaying of the loan is not a remedy but an obligatory action if unlawful state aid is the ruling.
Then I agree again - damages would probably need a seperate hearing, but the judge may rule if he will allow such a hearing or not.

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shmmeee said:

From what I've read, it seems the decision would need to be taken again, but there's nothing stopping the council from making the same decision. If, for example, it does hinge on something like notifying the EU, it could well be that they notify them and the EU have no issue with it.

Whatever happens, it won't be clear cut I fear.

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dongonzalos said:

Worth a quick glance very concise and clear

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