We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Commission To Appeal Schneider Ruling

Law360 (August 6, 2007, 12:00 AM EDT) -- The European Commission will appeal a decision by Europe's second highest court that awarded damages to Schneider Electric SA after regulators blocked the company's proposed merger with French utility Legrand SA.

The Commission said on Monday that it would file an appeal with the European Court of Justice in hopes of overturning a July decision by the Court of First Instance that ordered the EC to compensate Schneider for revenues lost due to the blocked merger.

The EC said that it will appeal on the grounds...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.