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Case T-531/17: Order of the General Court of 22 January 2025 – Promociones Santa Rosa v SRB (Action for annulment – Economic and monetary policy – Single resolution mechanism for credit institutions and certain investment firms – Resolution scheme in respect of Banco Popular Español – Act not open to challenge – Manifest inadmissibility)

ECLI:EU:UNKNOWN:62017TB0531

62017TB0531

January 22, 2025
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Official Journal of the European Union

C series

C/2025/2079

14.4.2025

(Case T-531/17)

(Action for annulment - Economic and monetary policy - Single resolution mechanism for credit institutions and certain investment firms - Resolution scheme in respect of Banco Popular Español - Act not open to challenge - Manifest inadmissibility)

(C/2025/2079)

Language of the case: Spanish

Parties

Applicant: Promociones Santa Rosa, SL (Madrid, Spain) (represented by: L. Carrión Matamoros, lawyer)

Defendant: Single Resolution Board (represented by: H. Ehlers, M. Fernández Rupérez, A. Lapresta Bienz and J. Rius Riu, acting as Agents, and by B. Meyring, F. Fernández de Trocóniz Robles, T. Klupsch and S. Ianc, lawyers)

Re:

By its action under Article 263 TFEU, the applicant seeks the annulment of Decision SRB/EES/2017/08 of the Executive Session of the Single Resolution Board (SRB) of 7 June 2017 concerning the adoption of a resolution scheme in respect of Banco Popular Español, SA.

Operative part of the order

The action is dismissed as manifestly inadmissible.

There is no need to adjudicate on the applications for leave to intervene by the Kingdom of Spain, the European Commission, Banco Santander, SA and Banco Popular Español, SA.

Promociones Santa Rosa, SL shall bear its own costs and pay those incurred by the Single Resolution Board (SRB).

The Kingdom of Spain and the Commission shall each bear their own costs relating to the applications to intervene.

Banco Santander shall bear its own costs and pay those incurred by Banco Popular Español relating to the applications to intervene.

(1)

OJ C 369, 30.10.2017.

ELI: http://data.europa.eu/eli/C/2025/2079/oj

ISSN 1977-091X (electronic edition)

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