Word: sidel
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Dates: during 2000-2009
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...punch from Bo Vesterdorf, president of the Luxembourg-based Court, in separate rulings that savaged the "errors, omissions and contradictions in the Commission's economic reasoning." The court overturned vetoes blocking two mergers: Schneider Electric's purchase of Legrand and a deal between packaging firms Tetra Laval and Sidel. In June it threw out another case involving two travel firms. The rulings "heaped on the pressure for a change," says Alec Burnside of the law firm Linklaters. And Monti quickly responded by announcing reforms that he hoped would "recover the trust" of the business community by softening his hard-line...