26.2.2005
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News

Restructuring and rescue aid guidelines

Communication from the Commission — Community guidelines on State aid for rescuing and restructuring firms in difficulty (Official Journal of the European Union C 244 of 1 October 2004)

The new guidelines on the Community rules on rescue and restructuring aid replaced on 9 December 2004 the previous guidelines on the subject.

The new guidelines aim at a further limitation of state aid granted in the Member States. They provide, for instance, for more restrictive conditions regarding the required contribution from the beneficiary and further reinforcement of the one time, last time principle.

On the other hand, the new guidelines allow Member States to grant both restructuring aid and rescue aid to enterprises, which usually did not appear available in the previous guidelines.

The new guidelines will apply until 9 October 2009. Notifications of state aid measures filed with the Commission prior to 10 October 2004 will, however, still be governed by the previous guidelines.

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We are delighted to announce that KŠB partner Pavel Dejl has been named Czech Republic Lawyer of the Year at the prestigious Legal 500 Central & Eastern Europe Awards 2026.

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KŠB recognised as a Law Firm of the Future for 2026/2027

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KŠB hasreceived legalweb’s Law Firm of the Future 2026/2027 certification, whichwas presented to the firm at a ceremony that brought together the legalweb community. The initiative explores how law firms are responding to a changing legal market, adopting new technologies and adapting their services to clients’ needs.

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