Case T-613/17: Order of the General Court of 22 January 2025 – La Guirigaña and Others v ECB and SRB (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)
Date: 2025-01-22
Institutions: General Court
Subjects: Spain, abuse of power, aid for restructuring, company in difficulties, credit institution, damages, financial solvency, ownership, right to justice








C_202502210EN.000101.fmx.xml












Official Journal of the European Union


EN
C series













C/2025/2210


22.4.2025






Order of the General Court of 22 January 2025 – La Guirigaña and Others v ECB and SRB


(Case T-613/17)
                (1)

(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)
(C/2025/2210)
Language of the case: Spanish

Parties


Applicants: La Guirigaña, SL (Madrid, Spain) and the seven other applicants whose names are set out in the annex to the order (represented by: J. M. Díaz-Patón Porras, lawyer)

Defendants: European Central Bank (represented by: R. Ugena Torrejón and A. Lefterov, acting as Agents), Single Resolution Board (represented by: H. Ehlers, M. Fernández Rupérez, A. Lapresta Bienz and J. Rius Riu, acting as Agents, and by B. Meyring, F. Fernández de Trocóniz Robles, T. Klupsch and S. Ianc, lawyers)

Re:

By their action, the applicants seek, first, on the basis of Article 263 TFEU, the annulment of Decision SRB/EES/2017/08 of the Executive Session of the Single Resolution Board (SRB) of 7 June 2017 concerning the adoption of a resolution scheme in respect of Banco Popular Español SA and, secondly, on the basis of Articles 268 and 340 TFEU, compensation from the European Central Bank (ECB) of the losses corresponding to the value of the shares and bonds in Banco Popular which it owned.

Operative part of the order







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.






(1)  
            OJ C 424, 11.12.2017.


ELI: http://data.europa.eu/eli/C/2025/2210/oj
ISSN 1977-091X (electronic edition)