Sentences with phrase «aid firms wind»

Not exact matches

[the EICC concerned (La Poste)-RSB- was not subject to the ordinary law rules governing the administration and winding - up of firms in difficulty and that, according to point 1.2, second paragraph, fourth indent of the 2008 Notice [on the application of Articles 87 [EC] and 88 [EC] to State aid in the form of guarantees (OJ 2008 C 155, p. 10)-RSB-, there is aid in the form of a guarantee where more favourable credit terms are obtained by undertakings whose legal status rules out bankruptcy or other insolvency procedures (T - 154 / 10, at para. 23, emphasis added).

Solicitor's firms are licking their wounds after receiving the results of the family legal aid bid round.