Judgment of the Court (Sixth Chamber) 18 November 1987

In Case 137/85 REFERENCE to the Court under Article 177 of the EEC Treaty by the Verwaltungsgericht (Administrative Court) Frankfurt for a preliminary ruling in the proceedings pending before that court between

THE COURT (Sixth Chamber) composed of: G. C. Rodriguez Iglesias, President of Chamber, T. Koopmans, K. Bahlmann, C. Kakouris and T. F. O'Higgins, Judges, Advocate General: J. Mischo Registrar: D. Louterman, Administrator

after considering the observations submitted on behalf of

the plaintiffs, by Harald Schwartz, Rechtsanwalt, Hamburg,

the Commission, by Bernhard Jansen, acting as Agent,

having regard to the Report for the Hearing and further to the hearing on 12 May 1987,

after hearing the opinion of the Advocate General delivered at the sitting on 11 June 1987,

gives the following

Judgment

The legal nature of the security

Legal basis

The principle of proportionality

Costs

1 Language of the Case: German.