Companies received up to 54.5 million euros in consolidation support during the corona period. That’s okay, according to a recent court ruling. The lawsuit brought by the financial holding company that includes Dorint Hotel Group against the state of North Rhine-Westphalia was dismissed by the Cologne Administrative Court. The ruling is not yet final.
According to the court, the financial holding company argued that €54.5 million is a significant amount of money for a small business, but not for a large company. In this sense, the restriction is unfair.
However, the court ruled that the cap was reasonable. For large companies, alternative support in the form of guarantees and concessional loans would have been provided. In addition, large companies may be expected to bear a greater burden during the pandemic due to their higher performance.
