CELEX: 62017TA0414
Language: en
Date: 2020-09-23 00:00:00
Title: Case T-414/17: Judgment of the General Court of 23 September 2020 — Hypo Vorarlberg Bank 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 — Limitation of the temporal effects of the judgment)

16.11.2020   
            
            
               EN
            
            
               Official Journal of the European Union
            
            
               C 390/27
            
         
      Judgment of the General Court of 23 September 2020 — Hypo Vorarlberg Bank v SRB
      (Case T-414/17) (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 - Limitation of the temporal effects of the judgment)
      (2020/C 390/37)
      Language of the case: German
      
         Parties
      
      
         Applicant: Hypo Vorarlberg Bank AG, formerly Vorarlberger Landes- und Hypothekenbank AG (Bregenz, Austria) (represented by: G. Eisenberger and A. Brenneis, lawyers)
      
         Defendant: Single Resolution Board (represented by: P. Messina and J. Kerlin, acting as Agents, and B. Meyring, S. Schelo, T. Klupsch and S. Ianc, lawyers)
      
         Re:
      
      Application based on Article 263 TFEU seeking annulment of the decision of the SRB in its executive session 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 Single Resolution Board (SRB) in its executive session 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 Hypo Vorarlberg Bank AG;
               
            
                  2.
               
               
                  orders the SRB to bear its own costs and to pay those incurred by Hypo Vorarlberg Bank.
               
            
         (1)  OJ C 277, 21.8.2017.