CELEX: 62017TN0688
Language: en
Date: 2017-10-06 00:00:00
Title: Case T-688/17: Action brought on 6 October 2017 — Hola v SRB

201711170551555702017/C 412/516882017TC41220171204EN01ENINFO_JUDICIAL20171006353622Case T-688/17: Action brought on 6 October 2017 — Hola v SRB
 ---documentbreak--- C4122017EN3520120171006EN0051352362Action brought on 6 October 2017 — Hola v SRB
   (Case T-688/17)2017/C 412/51Language of the case: Spanish
      Parties
   
   
      Applicant: Hola, SL (Madrid, Spain) (represented by: R. Vallina Hoset and C. Iglesias Megías, lawyers)
   
      Defendant: Single Resolution Board
   
      Form of order sought
   
   The applicant claims that the General Court should:
   
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            Declare that the Single Resolution Board has incurred non-contractual liability and order it to repair the harm suffered by the applicant as a result of both its actions and its omissions which deprived the applicant of the BANCO POPULAR ESPAÑOL, S.A. bonds and securities it owned;
         
      
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            Principally, order the Board to reimburse the applicant EUR 543242,11 for investments made in Banco Popular shares and EUR 304950 for investments in Banco Popular securities;
         
      
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            In the alternative, order the Board to pay EUR 451459 for the applicant’s Banco Popular shares and EUR 304950 for its Banco Popular securities (‘the amount due’);
         
      
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            Increase the amount due with compensatory interest as of 7 June 2017 until delivery of the judgment disposing of the present case;
         
      
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            Increase the amount due with corresponding default interest as of the date of delivery of judgment until its payment in full, at the rate set by the European Central Bank (ECB) for main refinancing operations, increased by two percentage points.
         
      
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            Order the SRB to pay the costs.
         
      
      Pleas in law and main arguments
   
   The pleas in law and main arguments are similar to those relied on in Case T-659/17, Vallina Fonseca v SRB.