62017TO0613_INF
Order of the General Court (Eighth Chamber) of 22 January 2025 –La Guirigaña and Others v ECB and SRB
(Case T-613/17)
(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 – Manifest inadmissibility in part – Action in part manifestly lacking any foundation in law)
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 – 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)
2.
Non-contractual liability – Conditions – Unlawfulness – Damage – Causal link – Cumulative conditions – One of the conditions not satisfied – Action dismissed in its entirety
(Art. 340, second para., TFEU)
(see paragraph 19)
3.
Non-contractual liability – Conditions – Causal link – Burden of proof
(Art. 340, second para., TFEU)
(see paragraph 20)
4.
Non-contractual liability – Conditions – Causal link – Failure of an institution to act – That failure to act not the determinant cause of the damage – No causal link
(Art. 340, second para., TFEU)
(see paragraph 21)
Operative part
1.
The action is dismissed as in part manifestly inadmissible and in part manifestly lacking any foundation in law.
2.
There is no need to adjudicate on the applications to intervene of the Kingdom of Spain, the European Commission, Banco Santander, SA, Mr Diego Martínez Pastor, Ms Maria Emilia Antón-Pacheco Maqueda, Mr Pablo Sanchez Romero and Ms Ana Isabel Calvo Monje.
3.
La Guirigaña, SL and the other applicants whose names are set out in the annex shall bear their own costs and pay those incurred by the European Central Bank (ECB) and the Single Resolution Board (SRB).
4.
The Kingdom of Spain, the Commission, Mr Diego Martínez Pastor, Ms Maria Emilia Antón-Pacheco Maqueda, Mr Pablo Sanchez Romero and Ms Ana Isabel Calvo Monje 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.