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EU Court of First Instance Reduces UCB Fine by 90%

December 12, 2007

On December 12, 2007 the Court of First Instance of the EU reduced by 90% (from €10.38mn to €1.870mn) the fine imposed by the European Commission on UCB for participating with AKZO and BASF in the choline chloride cartel. The Court also ordered the European Commission to pay 90% of the costs incurred by UCB. The Court also increased the amount of the fine imposed by the European Commission on BASF from €34.97mn to €35.024mn.

Wilmerhale's, Jacques Bourgeois was UCB’s co-counsel. In preparing for the court hearing he was assisted by Vivien Terrien, associate at the Brussels office.