On 25 October 2011, the Court of Justice of the European Union (the “CJEU”) handed down two judgments annulling fines first imposed on Solvay SA by the European Commission (the “Commission”) in 1990. Fingers crossed, these judgments conclude one of the longer-running sagas before the European courts.
For the benefit of younger readers, an abridged account of Solvay’s unfortunate encounters with the Commission and the European judicature over the last 21 years is set out below:
Continue Reading The value of perseverance: ca. €23 million (plus interest and costs)