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CJEU says creditor challenge to Banco Espirito Santo bailout can proceed

By Declan Bush

08 November 2018

The Court of Justice of the European Union has reopened the door for creditors to challenge the €4.9 billion bailout of Portugal’s defunct Banco Espirito Santo in the EU's General Court.

CJEU says creditor challenge to Banco Espirito Santo bailout can proceed The European Court of Justice's twin towers, Luxembourg City.