# C_2017424EN.01004002.xml

| 11.12.2017 | EN | Official Journal of the European Union | C 424/40 |
| ---------- | -- | -------------------------------------- | -------- |

---

Action brought on 20 September 2017 — Escriba Serra and Others v Commission and SRB

(Case T-640/17)

(2017/C 424/59)

Language of the case: Spanish

Parties

Applicants: Juan Escriba Serra (Girona, Spain) and seven other applicants (represented by: R. Vallina Hoset and C. Iglesias Megías, lawyers)

Defendants: European Commission and Single Resolution Board

Form of order sought

The applicants claim that the General Court should:

| — | principally, and for reasons of procedural economy:
—
Annul (revoke) in part Decision SRB/EES/2017/08 of the Single Resolution Board of 7 June 2017, concerning the adoption of a resolution scheme in respect of Banco Popular Español, S.A., in so far as it orders the conversion and write down of Banco Popular subordinated bonds; —
Annul in part Commission Decision (EU) 2017/1246 of 7 June 2017 endorsing the resolution scheme of Banco Popular Español, S.A., in so far as it orders the conversion of Banco Popular subordinated bonds; | — | Annul (revoke) in part Decision SRB/EES/2017/08 of the Single Resolution Board of 7 June 2017, concerning the adoption of a resolution scheme in respect of Banco Popular Español, S.A., in so far as it orders the conversion and write down of Banco Popular subordinated bonds; | — | Annul in part Commission Decision (EU) 2017/1246 of 7 June 2017 endorsing the resolution scheme of Banco Popular Español, S.A., in so far as it orders the conversion of Banco Popular subordinated bonds; |
| - | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | - | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | - | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| — | Annul (revoke) in part Decision SRB/EES/2017/08 of the Single Resolution Board of 7 June 2017, concerning the adoption of a resolution scheme in respect of Banco Popular Español, S.A., in so far as it orders the conversion and write down of Banco Popular subordinated bonds; | | | | |
| — | Annul in part Commission Decision (EU) 2017/1246 of 7 June 2017 endorsing the resolution scheme of Banco Popular Español, S.A., in so far as it orders the conversion of Banco Popular subordinated bonds; | | | | |

| — | In the alternative,
—
Annul in full Decision SRB/EES/2017/08 of the Single Resolution Board of 7 June 2017, concerning the adoption of a resolution scheme in respect of Banco Popular Español, S.A.; —
Annul in full Commission Decision (EU) 2017/1246 of 7 June 2017 endorsing the resolution scheme of Banco Popular Español, S.A. | — | Annul in full Decision SRB/EES/2017/08 of the Single Resolution Board of 7 June 2017, concerning the adoption of a resolution scheme in respect of Banco Popular Español, S.A.; | — | Annul in full Commission Decision (EU) 2017/1246 of 7 June 2017 endorsing the resolution scheme of Banco Popular Español, S.A. |
| - | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | - | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | - | ------------------------------------------------------------------------------------------------------------------------------ |
| — | Annul in full Decision SRB/EES/2017/08 of the Single Resolution Board of 7 June 2017, concerning the adoption of a resolution scheme in respect of Banco Popular Español, S.A.; | | | | |
| — | Annul in full Commission Decision (EU) 2017/1246 of 7 June 2017 endorsing the resolution scheme of Banco Popular Español, S.A. | | | | |

| — | Where appropriate, declare Articles 15, 18, 20, 21, 22 and/or 24 of Regulation No 806/2014 inapplicable, in accordance with Article 277 TFEU; and |
| - | ------------------------------------------------------------------------------------------------------------------------------------------------- |

| — | Order the Board and the Commission to pay the costs. |
| - | ---------------------------------------------------- |

Pleas in law and main arguments

The pleas in law and main arguments are similar to those put forward in Cases T-478/17, Mutualidad de la Abogacía and Hermandad Nacional de Arquitectos Superiores y Químicos v Single Resolution Board, T-481/17, Fundación Tatiana Pérez de Guzmán el Bueno and SFL v Single Resolution Board, T-482/17, Comercial Vascongada Recalde v Commission and Single Resolution Board, T-483/17, García Suárez and Others v Commission and Single Resolution Board, T-484/17, Fidesban and Others v Single Resolution Board, T-497/17, Sáchez del Valle and Calatrava Real State 2015 v Commission and Single Resolution Board, and T-498/17, Pablo Álvarez de Linera Granda v Commission and Single Resolution Board.

---