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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)
ECLI:EU:UNKNOWN:62017TA0414
62017TA0414
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16.11.2020
Official Journal of the European Union
C 390/27
(Case T-414/17) (*)
(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.
(*)
Language of the case: German.