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European Union – Regulations. The Court of Justice of the European Union dismissed the action brought by the United Kingdom for annulment of art 29 of, and Annex II to Regulation (EU) No 1316/2013 (the contested provisions). The Court decided that the contested provisions merely provided for an alignment of the rail freight corridor in question and therefore did not cover the concept of 'project of common interest' within the meaning of art 171(1) TFEU and the second paragraph of art 172 TFEU. Consequently, the first condition, concerning the existence of a project of common interest, laid down in the second paragraph of art 172 TFEU was not fulfilled.
European Union – Regulations. The Court of Justice of the European Union dismissed the action brought by the United Kingdom for annulment of art 29 of, and Annex II to Regulation (EU) No 1316/2013 (the contested provisions). The Court decided that the contested provisions merely provided for an alignment of the rail freight corridor in question and therefore did not cover the concept of 'project of common interest' within the meaning of art 171(1) TFEU and the second paragraph of art 172 TFEU. Consequently, the first condition, concerning the existence of a project of common interest, laid down in the second paragraph of art 172 TFEU was not fulfilled.
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Westgate Wealth Management Ltd is a Partner Practice of FTSE 100 company St. James’s Place – one of the top UK Wealth Management firms. We offer a holistic service of distinct quality, integrity, and excellence with the aim to build a professional and valuable relationship with our clients, helping to provide them with security now, prosperity in the future and the highest standard of service in all of our dealings.
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