62017TO0524_INF
Order of the General Court (Eighth Chamber) of 22 January 2025 –Folch Torrela and Others v SRB
(Case T‑524/17)
(Action for annulment – 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)
1.
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 – Precluded
(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)
2.
Procedure – Application initiating proceedings – Formal requirements – Identification of the subject matter of the dispute – Application for annulment of related acts subsequent to the challenged acts – Those acts not known to the applicant – No such identification – Inadmissibility
(Rules of Procedure of the General Court, Art. 76(d))
(see paragraph 16)
Operative part
1.
The action is dismissed as manifestly inadmissible.
2.
There is no need to adjudicate on the applications for leave to intervene by the Kingdom of Spain, the European Commission, Banco Santander, SA and Banco Popular Español, SA.
3.
Mr Ángel Folch Torrela and the other applicants whose names are listed in the annex shall bear their own costs and pay those incurred by the Single Resolution Board (SRB).
4.
The Kingdom of Spain and the Commission shall each bear their own costs relating to the applications for leave to intervene.
5.
Banco Santander shall bear its own costs and pay those incurred by Banco Popular Español relating to the applications for leave to intervene.