CELEX: 62020TB0050
Language: en
Date: 2021-03-12 00:00:00
Title: Case T-50/20: Order of the General Court of 12 March 2021 — PNB Banka v ECB (Economic and monetary policy — Prudential supervision of credit institutions — Insolvency proceedings — Refusal by the ECB to accede to a request from the board of directors of a credit institution that the insolvency administrator of that institution be instructed to grant the lawyer authorised by that board access to the premises, information, staff and resources of that institution — Competence of the author of the act — Action manifestly lacking any foundation in law)

10.5.2021   
            
            
               EN
            
            
               Official Journal of the European Union
            
            
               C 182/53
            
         
      Order of the General Court of 12 March 2021 — PNB Banka v ECB
      (Case T-50/20) (1)
      
      (Economic and monetary policy - Prudential supervision of credit institutions - Insolvency proceedings - Refusal by the ECB to accede to a request from the board of directors of a credit institution that the insolvency administrator of that institution be instructed to grant the lawyer authorised by that board access to the premises, information, staff and resources of that institution - Competence of the author of the act - Action manifestly lacking any foundation in law)
      (2021/C 182/71)
      Language of the case: English
      
         Parties
      
      
         Applicant: PNB Banka AS (Riga, Latvia) (represented by: O. Behrends, lawyer)
      
         Defendant: European Central Bank (represented by: C. Hernández Saseta, F. Bonnard and V. Hümpfner, acting as Agents)
      
         Re:
      
      Application under Article 263 TFEU for the annulment of the ECB’s decision of 19 November 2019 refusing to instruct the applicant’s insolvency administrator to grant the lawyer authorised by the applicant’s board of directors access to its premises, to the information that it holds and to its staff and resources.
      
         Operative part of the order
      
      
                  1.
               
               
                  The action is dismissed.
               
            
                  2.
               
               
                  There is no need to rule on the application to intervene submitted by the Republic of Latvia.
               
            
                  3.
               
               
                  PNB Banka AS shall bear its own costs and shall pay those incurred by the European Central Bank (ECB), with the exception of those relating to the application to intervene.
               
            
                  4.
               
               
                  PNB Banka, the ECB and the Republic of Latvia shall each bear their own costs relating to the application to intervene.
               
            
         (1)  OJ C 114, 6.4.2020.