Subject of the case
Operative part
Subject of the case
Re:
APPLICATION by the Commission under an arbitration clause within the meaning of Article 238 EC seeking an order that Trends reimburse the Commission in the sum of EUR 48 046 plus contractual interest or, in the alternative, plus default interest.
Operative part
Operative part
The Court:
1. Dismisses the interlocutory application;
2. Orders Transport Environment Development Systems (Trends) to pay to the Commission the sum of EUR 48 046 plus default interest at the rate of 5.5% per annum from 1 January 1999 until payment in full of the sum owed;
3. Orders Trends to pay the costs.