Action brought on 29 June 2020 — Hypo Vorarlberg Bank v SRB

(Case T-394/20)

Language of the case: German

Parties

Applicant: Hypo Vorarlberg Bank AG (Bregenz, Austria) (represented by: G. Eisenberger und A. Brenneis, lawyers)

Defendant: Single Resolution Board (SRB)

Form of order sought

The applicant claims that the Court should:

annul the decision of the Single Resolution Board of 15 April 2020 on the calculation of the 2020 ex ante contributions to the Single Resolution Fund (SRB/ES/2020/24), including the annexes thereto, in any event in so far as the contested decision, including the annexes thereto, concerns the contribution to be paid by the applicant; and

order the Single Resolution Board to pay the costs of the proceedings.

Pleas in law and main arguments

In support of the action, the applicant relies on four pleas in law, which are essentially identical or similar to the pleas in law put forward in Case T-479/19, Hypo Vorarlberg Bank v SRB. ¹

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¹ OJ 2019 C 305, p. 58.