Case T-798/14: Judgment of the General Court of 13 September 2018 — DenizBank v Council (Common foreign and security policy — Restrictive measures adopted in view of Russia’s actions destabilising the situation in Ukraine — Inclusion of the name of the entity owning the applicant in the list of entities to which the restrictive measures apply — Obligation to state reasons — Rights of the defence — Right to effective judicial protection — EU-Turkey Association Agreement — Fundamental rights — Proportionality)
Date: 2018-09-13
Institutions: General Court
Subjects: EU restrictive measure, Russia, Russo-Ukrainian issue, Türkiye, Ukraine, association agreement (EU), bank, economic sanctions, international sanctions, rights of the defence








C_2018392EN.01001901.xml










29.10.2018   


EN


Official Journal of the European Union


C 392/19






Judgment of the General Court of 13 September 2018 — DenizBank v Council
(Case T-798/14) (1)

((Common foreign and security policy - Restrictive measures adopted in view of Russia’s actions destabilising the situation in Ukraine - Inclusion of the name of the entity owning the applicant in the list of entities to which the restrictive measures apply - Obligation to state reasons - Rights of the defence - Right to effective judicial protection - EU-Turkey Association Agreement - Fundamental rights - Proportionality))
(2018/C 392/22)
Language of the case: English

Parties


Applicant: DenizBank A.Ş. (Istanbul, Turkey) (represented by: O. Jones, D. Heaton, Barristers, R. Mattick, S. Utku, Solicitors, and M. Lester QC)

Defendant: Council of the European Union (represented by: initially S. Boelaert and A. de Elera-San Miguel Hurtado, and subsequently S. Boelaert and P. Mahnič Bruni, Agents)

Intervener in support of the defendant: European Commission (represented by: D. Gauci, L. Havas and F. Ronkes Agerbeek, Agents)

Re:

Application under Article 263 TFEU seeking annulment, first, of Council Decision 2014/512/CFSP of 31 July 2014 concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine (OJ 2014 L 229, p. 13), as amended by Council Decision 2014/659/CFSP of 8 September 2014 (OJ 2014 L 271, p. 54), by Council Decision 2014/872/CFSP of 4 December 2014 (OJ 2014 L 349, p. 58), by Council Decision (CFSP) 2015/2431 of 21 December 2015 (OJ 2015 L 334, p. 22), by Council Decision (CFSP) 2016/1071 of 1 July 2016 (OJ 2016 L 178, p. 21) and by Council Decision (CFSP) 2016/2315 of 19 December 2016 (OJ 2016 L 345, p. 65) and, secondly, of Council Regulation (EU) No 833/2014 of 31 July 2014 concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine (OJ 2014 L 229, p. 1), as amended by Council Regulation (EU) No 960/2014 of 8 September 2014 (OJ 2014 L 271, p. 3) and by Council Regulation (EU) No 1290/2014 of 4 December 2014 (OJ 2014 L 349, p. 20), in so far as those acts concern the applicant.

Operative part of the judgment

The Court:






1.


Dismisses the action;










2.


Orders DenizBank A.Ş. to bear its own costs and to pay those incurred by the Council of the European Union;










3.


Orders the European Commission to bear its own costs.






(1)  OJ C 89, 16.3.2015.