We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

ECB's Refusal To Publish Minutes On Banco Espirito Anulled

Law360, London (March 15, 2019, 9:26 PM GMT) -- A European court has annulled a decision by the European Central Bank in 2016 to refuse disclosure related to its suspension of aid to the now-collapsed Banco Espirito Santo SA, concluding that the information being sought would not have undermined public interest as claimed.

The General Court of the EU said in its ruling Wednesday that the ECB should not have refused to lift redactions in the minutes of its meetings from July 28 and Aug. 1, 2014, which recorded the ceiling for the emergency liquidity that could be granted by Portugal's central bank to BES.

The case was brought to...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

map

Kirkland & Ellis LLP has redefined what it means to be the biggest of BigLaw — weighing in at 2,116 attorneys by year end 2018 and becoming the first firm since Law360 began tracking law firm head counts to top 2,000 U.S.-based attorneys.

Related

Sections

Government Agencies