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Buczek



Annotation on the Judgment of the Court of Justice of 21 March 2013 in case C-405/11 P – Buczek Automotive sp. z o.o.

In a judgment of 21 March 2013, the Court of Justice held that refraining from petitioning for the bankruptcy of a company in financial difficulties could only amount to State aid in case a hypothetical private creditor in the same market circumstances would have decided to petition for bankruptcy (‘Hypothetical Private Creditor test’).

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