Subject of the case
Operative part
Subject of the case
Re:
ACTION, based on an arbitration clause, for an order that the defendants repay the amount of the advance paid by the Community, and interest for late payment, following the non-performance of Contract No 2000-25366 concluded in the framework of a special programme for research, technological development and demonstration in the field of information society technologies (IST) (1998-2002) concerning the Crossmarc project (Cross-lingual Multi Agent Retail Comparison).
Operative part
Operative part
The Court:
1. Orders Dane-Elec Memory to pay to the Commission of the European Communities the principal sum of EUR 55 878 with interest thereon:
– at the annual rate of 4.75% from 16 March 2004 to 31 December 2005;
– at the annual rate of 5% from 1 January to 31 December 2006;
– at the annual rate of 5.25% from 1 January 2007 until the debt is paid in full;
2. Decides that there is no need to adjudicate on the claim against Internet Commerce Network;
3. Orders Dane-Elec Memory to bear its own costs and pay those incurred by the Commission;
4. Orders Internet Commerce Network to bear its own costs.