62017TO0555(01)_INF
Order of the General Court (Eighth Chamber) of 22 January 2025 –TW and Others v SRB
(Case T‑555/17)
(Action for annulment and for damages – Economic and monetary policy – Single resolution mechanism for credit institutions and certain investment firms – Resolution scheme in respect of Banco Popular Español – Act not open to challenge – Manifest inadmissibility)
Action for annulment – Actionable measures – Concept – Measures producing binding legal effects – Preparatory measures – Decision to adopt a resolution scheme by the Single Resolution Board (SRB) – Entry into force – No binding legal effects produced – Not included
(Art. 263 TFEU; European Parliament and Council Regulation No 806/2014, Arts 18(1) to (8) and 30(1) and (2))
(see paragraphs 13, 14)
Operative part
1.
The action is dismissed as manifestly inadmissible.
2.
There is no need to adjudicate on the applications to intervene of the Kingdom of Spain, the European Commission, Banco Santander, SA and Banco Popular Español, SA.
3.
TW, TY, UA shall bear their own costs and pay those incurred by the Single Resolution Board (SRB).
4.
The Kingdom of Spain and the Commission shall bear their own costs relating to the applications to intervene.
5.
Banco Santander shall bear its own costs and pay those incurred by Banco Popular Español relating to the applications to intervene.