Document ID: docfile:afe02f94-87cb-4b46-8c3a-f18451a4cab2
Source Database: eurlex_case_law
Source URL: https://eur-lex.europa.eu/legal-content/AUTO/?uri=CELEX:62019CA0874&qid=1741625458681&rid=50865
Title: Case C-874/19 P: Judgment of the Court (Third Chamber) of 21 December 2021 — Aeris Invest Sàrl v Single Resolution Board (SRB) (Appeal — Economic and monetary union — Banking union — Recovery and resolution of credit institutions and investment firms — Single resolution mechanism for credit institutions and certain investment firms (SRM) — Single Resolution Board (SRB) — Resolution procedure applicable where an entity is failing or is likely to fail — Adoption of a resolution scheme in respect of Banco Popular Español SA — Sale of business tool — Write-down and conversion of capital instruments — Regulation (EU) No 806/2014 — Article 20 — Concept of ‘definitive valuation’ — Consequences — Refusal or failure to proceed with an ex post definitive valuation — Remedies — Action for annulment)
Date: 2021-12-21T01:00:00.000+01:00
Metadata: {"title": "Case C-874/19 P: Judgment of the Court (Third Chamber) of 21 December 2021 \u2014 Aeris Invest S\u00e0rl v Single Resolution Board (SRB) (Appeal \u2014 Economic and monetary union \u2014 Banking union \u2014 Recovery and resolution of credit institutions and investment firms \u2014 Single resolution mechanism for credit institutions and certain investment firms (SRM) \u2014 Single Resolution Board (SRB) \u2014 Resolution procedure applicable where an entity is failing or is likely to fail \u2014 Adoption of a resolution scheme in respect of Banco Popular Espa\u00f1ol SA \u2014 Sale of business tool \u2014 Write-down and conversion of capital instruments \u2014 Regulation (EU) No 806/2014 \u2014 Article 20 \u2014 Concept of \u2018definitive valuation\u2019 \u2014 Consequences \u2014 Refusal or failure to proceed with an ex post definitive valuation \u2014 Remedies \u2014 Action for annulment)", "celex": "62019CA0874", "date_of_document": "2021-12-21T00:00:00.000Z", "ecli": "ECLI:EU:UNKNOWN:62019CA0874", "author": "Court of Justice", "form": "Judicial information"}

#### 21.2.2022   

EN

#### Official Journal of the European Union

#### C 84/6

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# Judgment of the Court (Third Chamber) of 21 December 2021 — Aeris Invest Sàrl v Single Resolution Board (SRB)

(Case C-874/19 P) (*)

(Appeal - Economic and monetary union - Banking union - Recovery and resolution of credit institutions and investment firms - Single resolution mechanism for credit institutions and certain investment firms (SRM) - Single Resolution Board (SRB) - Resolution procedure applicable where an entity is failing or is likely to fail - Adoption of a resolution scheme in respect of Banco Popular Español SA - Sale of business tool - Write-down and conversion of capital instruments - Regulation (EU) No 806/2014 - Article 20 - Concept of ‘definitive valuation’ - Consequences - Refusal or failure to proceed with an ex post definitive valuation - Remedies - Action for annulment)

(2022/C 84/06)

Language of the case: French

## **Parties**

*Appellant: Aeris Invest Sàrl (represented: initially by R. Vallina Hoset and A. Sellés Marco, abogados, and subsequently by R. Vallina Hoset, E. Galán Burgos and M. Varela Suárez, abogados)*

*Other party to the proceedings: Single Resolution Board (SRB) (represented by: J. King, L. Pogarcic Mataija and E. Muratori, acting as Agents, F. Louis and G. Barthet, avocats, and H. G. Kamann and L. Hesse, Rechtsanwälte)*

## **Operative part of the judgment**

The Court:

    Dismisses the appeal;

    Orders Aeris Invest Sàrl to pay the costs.

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[^]: (*)

[^]: Language of the case: French

[^]: ECLI:EU:C:2022:140

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