10.15166/2499-8249/152
Foucart, Romain
Romain
Foucart
Aix-Marseille Université
La Cour de justice et la mise en balance des intérêts dans le contexte de crise financière: la décision Dowling et al.
The Court of Justice and the Balancing of Interests in the Context of the Financial Crisis: The Dowling et.al. Case
European Papers (www.europeanpapers.eu)
2017
European Forum Insight
financial crisis
State default
recapitalisation of national banks
EU financial assistance to Ireland
protection of shareholders
recapitalisation by means of judicial direction order
Research Centre For European Law, Unitelma Sapienza-University Of Rome
2017-07-16
fr
2499-8249
text/html
PDF
Creative Commons Attribution Non Commercial No Derivatives 4.0 International
European Papers - A Journal on Law and Integration, 2017 2(2), 743-748
European Papers - A Journal on Law and Integration, 2017 2(2), 743-748
European Forum Insight of 16 July 2017
I. Introduction. - II. La mise en balance en matière financière - des circonstances délicates. - III. La mise en balance en matière financière - des interrogations nouvelles.
The European Court of Justice ruled in November 2016 on a case where shareholders of a private bank were opposing the Republic of Ireland over recapitalisation measures taken by this Member State against the bank in order to obtain financial assistance from the institutions of the European Union (judgment of 8 November 2016, case C-41/15, Dowling et al. c. Ministère des finances [GC]). This decision shows how the Court of Justice uses the balance of interests in economic and financial matters. New questions nevertheless arise with regards to the scope of the objective of financial stability that is used in this technical field to limit fundamental rights of individuals.