CELEX: 62017TA0411
Language: en
Date: 2020-09-23 00:00:00
Title: Case T-411/17: Judgment of the General Court of 23 September 2020 — Landesbank Baden-Württemberg v SRB (Economic and monetary union — Banking union — Single Resolution Mechanism for credit institutions and certain investment firms (SRM) — Single Resolution Fund (SRF) — Decision of the SRB on the calculation of the 2017 ex ante contributions — Action for annulment — Direct and individual concern — Admissibility — Essential procedural requirements — Authentication of the decision — Obligation to state reasons — Right to effective judicial protection — Plea of illegality — Limitation of the temporal effects of the judgment)

16.11.2020   
            
            
               EN
            
            
               Official Journal of the European Union
            
            
               C 390/26
            
         
      Judgment of the General Court of 23 September 2020 — Landesbank Baden-Württemberg v SRB
      (Case T-411/17) (1)
      
      (Economic and monetary union - Banking union - Single Resolution Mechanism for credit institutions and certain investment firms (SRM) - Single Resolution Fund (SRF) - Decision of the SRB on the calculation of the 2017 ex ante contributions - Action for annulment - Direct and individual concern - Admissibility - Essential procedural requirements - Authentication of the decision - Obligation to state reasons - Right to effective judicial protection - Plea of illegality - Limitation of the temporal effects of the judgment)
      (2020/C 390/36)
      Language of the case: German
      
         Parties
      
      
         Applicant: Landesbank Baden-Württemberg (Stuttgart, Germany) (represented by: H. Berger and K. Rübsamen, lawyers)
      
         Defendant: Single Resolution Board (represented by: A. Martin-Ehlers, S. Raes, T. Van Dyck and A. Kopp, lawyers)
      
         Intervener in support of the defendant: European Commission (represented by: A. Steiblytė and K.P. Wojcik, acting as Agents)
      
         Re:
      
      Action pursuant to Article 263 TFEU for annulment of the decision of the Executive Session of the SRB of 11 April 2017 on the calculation of the 2017 ex ante contributions to the Single Resolution Fund (SRB/ES/SRF/2017/05), in so far as it concerns the applicant.
      
         Operative part of the judgment
      
      The Court:
      
                  1.
               
               
                  Annuls the decision of the Executive Session of the Single Resolution Board (SRB) of 11 April 2017 on the calculation of the 2017 ex ante contributions to the Single Resolution Fund (SRB/ES/SRF/2017/05), in so far as it concerns Landesbank Baden-Württemberg;
               
            
                  2.
               
               
                  Maintains the effects of Decision SRB/ES/SRF/2017/05, in so far as it concerns Landesbank Baden-Württemberg, for six months from the day on which the present judgment becomes final;
               
            
                  3.
               
               
                  Orders the SRB to bear its own costs and to pay those incurred by Landesbank Baden-Württemberg;
               
            
                  4.
               
               
                  Orders the European Commission to bear its own costs.
               
            
         (1)  OJ C 277, 21.8.2017.