![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjWSwkmjRXid1rwb1PeacMaYtDekXr0d2C_x5G69N9lGOaBts9fpBY8MBIxfOdMT8ioQUj3X4-CyT4BhuDTjr8MgEwv8gu_haOQ9E3s-KWRBxVQnOnHxvPXS4Bc7aVFVxvBvjCxBNC6i2V9/s1600/europeflg.gif)
Judgment was given last week in
Zinātnes parks (Structural Funds - Concepts of 'subscribed share capital' and 'undertaking in difficulty' - ERDF - Judgment) [2022] EUECJ C-347/20. The
Court of Justice held that the expression 'subscribed share capital', for the purposes of Article 2(18)(a) of
Commission Regulation (EU) No 651/2014 and the question of whether a company was 'in difficulty', should be interpreted as meaning all contributions which current or future members or shareholders of a company have made or have irrevocably undertaken to make.
No comments:
Post a Comment