Judgment of the General Court of 12 November 2015 — HSH Investment Holdings Coinvest-C and HSH Investment Holdings FSO v Commission
(Case T-499/12) 1
(State aid — Banking sector — Restructuring of HSH Nordbank — Decision declaring the aid compatible with the internal market on certain conditions — Action for annulment — Lack of individual concern — Minority shareholder of the aid beneficiary — Concept of distinctive interest — Partial inadmissibility — capital dilution)
Language of the case: German
Parties
Applicants: HSH Investment Holdings Coinvest-C Sàrl (Luxembourg); and HSH Investment Holdings FSO Sàrl (Luxembourg) (represented by: H.-J. Niemeyer, H. Ehlers and C. Kovács, lawyers)
Defendant: European Commission (represented by: L. Flynn, T. Maxian Rusche and R. Sauer, acting as Agents)
Re:
Action for annulment of Commission Decision 2012/477/EU of 20 September 2011 on State aid granted by Germany to HSH Nordbank AG SA.29338 (C 29/09 (ex N 264/09)) (OJ 2012 L 225, p. 1).
Operative part of the judgment
The Court:
Dismisses the action;
Orders HSH Investment Holdings Coinvest-C Sàrl and HSH Investment Holdings FSO Sàrl to pay the costs.
____________1 OJ C 26, 26.1.2013.