Case C-541/22 P: Judgment of the Court (First Chamber) of 4 October 2024 – Araceli García Fernández and Others v European Commission and Single Resolution Board (SRB) (Appeal – Economic and monetary policy – Banking union – Regulation (EU) No 806/2014 – Single Resolution Mechanism for credit institutions and certain investment firms – Resolution procedure applicable where an entity is failing or is likely to fail – Adoption of a resolution scheme in respect of Banco Popular Español SA – Article 14 – Resolution objectives – Article 18(1) – Conditions for the adoption of a resolution scheme – Obligations of the Single Resolution Board (SRB) and of the European Commission – Article 20 – Valuations for the purposes of resolution – Requirements – Articles 88 to 91 – Obligation of confidentiality – Right of access to the file – Statements to the press)
Date: 2024-10-04
Institutions: Court of Justice
Subjects: EU banking union, Spain, access to EU information, bank, bank resolution, company in difficulties, financial solvency, interest, interpretation of the law








C_202501199EN.000101.fmx.xml












Official Journal of the European Union


EN
C series













C/2025/1199


3.3.2025






Judgment of the Court (First Chamber) of 4 October 2024 – Araceli García Fernández and Others v European Commission and Single Resolution Board (SRB)


(Case C-541/22 P)
                (1)

(Appeal - Economic and monetary policy - Banking union - Regulation (EU) No 806/2014 - Single Resolution Mechanism for credit institutions and certain investment firms - Resolution procedure applicable where an entity is failing or is likely to fail - Adoption of a resolution scheme in respect of Banco Popular Español SA - Article 14 - Resolution objectives - Article 18(1) - Conditions for the adoption of a resolution scheme - Obligations of the Single Resolution Board (SRB) and of the European Commission - Article 20 - Valuations for the purposes of resolution - Requirements - Articles 88 to 91 - Obligation of confidentiality - Right of access to the file - Statements to the press)
(C/2025/1199)
Language of the case: Spanish

Parties


Appellants: Araceli García Fernández, Faustino González Parra, Fernando Luis Treviño de Las Cuevas, Juan Antonio Galán Alcázar, Lucía Palazuelo Vallejo-Nágera, Macon SA, Marta Espejel García, Memphis Investments Ltd, Pedro Alcantara de la Herrán Matorras, Pedro José de Jesús Benito Trebbau López, Pedro Regalado Cuadrado Martínez, María Rosario Mari Juan Domingo (represented by: S. Cajal Martín, B. M. Cremades Román, J. M. López Useros and P. Marrodán Lázaro, abogados)

Other parties to the proceedings: Eleveté Invest Group SL, Antonio Bail Cajal, Carlos Sobrini Marín, Edificios 1326 de l'Hospitalet SL, Juan José Homs Tapias, Anna María Torras Giro, Marbore 2000 SL, Trístan González del Valle, European Commission (represented by: L. Flynn, P. Němečková, A. Nijenhuis, A. Steiblytė and D. Triantafyllou, acting as Agents, and by A. Manzaneque Valverde and J. Rivas Andrés, abogados), Single Resolution Board (SRB) (represented by: H. Ehlers, S. Fernández Rupérez, A. R. Lapresta Bienz and J. M Rius Riu, acting as Agents, and by F. B. Fernández de Trocóniz Robles, abogado, B. Meyring and S. Schelo, Rechtsanwälte), Kingdom of Spain (represented by: L. Aguilera Ruiz and J. Ruiz Sánchez, acting as Agents), Banco Santander SA (represented by: J. Remón Peñalver, J. M. Rodríguez Cárcamo, A. M. Rodríguez Conde and D. Sarmiento Ramírez-Escudero, abogados)

Operative part of the judgment

The Court:






1.


Dismisses the appeal;










2.


Orders Araceli García Fernández, Faustino González Parra, Fernando Luis Treviño de Las Cuevas, Juan Antonio Galán Alcázar, Lucía Palazuelo Vallejo-Nágera, Macon SA, Marta Espejel García, Memphis Investments Ltd, Pedro Alcántara de la Herrán Matorras, Pedro José de Jesús Benito Trebbau López, Pedro Regalado Cuadrado Martínez and María Rosario Mari Juan Domingo to bear their own costs and to pay those incurred by the European Commission, the Single Resolution Board (SRB) and Banco Santander SA.;










3.


Orders the Kingdom of Spain to bear its own costs.






(1)  
            OJ C 441, 21.11.2022.


ELI: http://data.europa.eu/eli/C/2025/1199/oj
ISSN 1977-091X (electronic edition)