NeXovation v Commission

JUDGMENT OF THE GENERAL COURT (First Chamber, Extended Composition)19 June 2019 (*)(State aid — Individual aid in favour of the Nürburgring complex for the construction of a leisure park, hotels and restaurants as well as for the organisation of motor races — Decision finding the aid to be incompatible with the internal market — Decision finding that the reimbursement of the aid found to be incompatible does not concern the new owner of the Nürburgring complex — Action for annulment — No substantial effect on competitive position — Inadmissibility — Decision finding no State aid after the preliminary examination stage — Action for annulment — Interested party — Legal interest in bringing an action — Admissibility — Breach of procedural rights — No difficulties that would have required the initiation of a formal investigation procedure — Complaint — Sale of the assets of the beneficiaries of the State aid found to be incompatible — Open, transparent, non-discriminatory and unconditional tender process — Diligent and impartial examination — Obligation to state reasons)In Case T‑353/15,Ne Xovation, Inc., established in Hendersonville (United States), initially represented by A. von Bergwelt, F. Henkel and M. Nordmann, subsequently by A. von Bergwelt and M. Nordmann, lawyers,applicant,v European Commission, represented by L. Flynn, T. Maxian Rusche and B. Stromsky, acting as Agents,defendant,ACTION pursuant to Article 263 TFEU seeking the partial annulment of Commission Decision...