Daniel Beard QC and Jack Williams instructed by Intel in €600m interest claim
Daniel Beard Q.C. and Jack Williams are instructed by Intel in T-236/22 Intel v Commission before the General Court of the European Union. The action seeks the payment of default interest arising from the General Court’s annulment, in Case T-286/09 RENV, of the entire €1.06 billion fine wrongly imposed on Intel (which it provisionally paid in 2009). Daniel and Jack also represented Intel in those ground-breaking remittal proceedings: see here. Whilst the Commission has since repaid the principal sum owed as a result of the annulment, it has failed to provide default interest, which Intel now seeks.