Micula & Ors v Romania
The balance of prejudice and risk of conflict with EU law weighs against making the stay conditional on provision of security; court cannot order security where there is material risk of violating Commission's Final Decision.
- Parties
- Claimant/applicant: Viorel Micula; Claimant/applicant: Ioan Micula; Claimant/applicant: S. C. European Food S. A; Claimant/applicant: S. C. Starmill S. R. L.; Claimant/applicant: S. C. Multipack S. R. L.; Defendant/respondent: Romania; Intervener: European Commission
- Jurisdiction
- England and Wales
- Judgment Date
- 15 June 2017
- Procedural Posture
- Commercial Court Application / Post Judgment Applications for Security and Permission to Appeal
- Outcome
- Application for security as a condition of stay refused; permission to appeal granted.
- Legal Topics
- ICSID Award Enforcement, Security for Stay, EU State Aid, Jurisdiction, Interim Relief
Case Brief
Summary, issues, holding and outcome
More case intelligence is available
Unlock the full research layer for this judgment.
Parties
Viorel Micula
Claimant/applicant
Ioan Micula
Claimant/applicant
S. C. European Food S. A
Claimant/applicant
S. C. Starmill S. R. L.
Claimant/applicant
S. C. Multipack S. R. L.
Claimant/applicant
Romania
Defendant/respondent
European Commission
Intervener
Procedural Posture
Commercial Court Application / Post Judgment Applications for Security and Permission to Appeal
Legal Issues
- 1 Whether the court has power to order security as a condition of stay
- 2 Whether provision of security would violate EU law
- 3 Whether prejudice to claimants justifies security
Ratio Decidendi
The balance of prejudice and risk of conflict with EU law weighs against making the stay conditional on provision of security; court cannot order security where there is material risk of violating Commission's Final Decision.
Court Disposition
Application for security as a condition of stay refused; permission to appeal granted.
Orders
- Permission to appeal granted as per draft grounds.
- Stay not made conditional on provision of security.
Full Case Text
Judgment text and source record
Sign in to read
Sign in to read the full judgment text
Sign in to read the full judgment text. Downloads and additional research tools may depend on your plan.
Sign in to read the full judgment