Court Tosses EC Suit Against Greek Power Plant

Law360, New York (July 19, 2007, 12:00 AM EDT) -- Europe's highest court has ruled that Greece's largest electricity provider did not break European Union law during the bidding process for a thermoelectric plant, tossing a suit by the European Commission that accused the company of malfeasance.

In a press release issued Thursday, the Hellenic Public Power Corporation said that the European Court of Justice had ruled against the European Commission, finding that the award procedure for a thermoelectric plant in Lavrio did not violate regulations governing tender offers.

The Commission had filed the suit against...
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