Action brought on 18 November 2016 — Vorarlberger Landes- und Hypothekenbank v SRB

(Case T-809/16)

Language of the case: German

Parties

Applicant: Vorarlberger Landes- und Hypothekenbank AG (Bregenz, Austria) (represented by: G. Eisenberger, lawyer)

Defendant: Single Resolution Board (SRB)

Form of order sought

The applicant claims that the Court should:

annul the decision of the Single Resolution Board SRB/ES/SRF/2016/06 of 15 April 2016 (‘Decision of the Executive Session of the Board of 15 April 2016 on the 2016 ex-ante contributions to the Single Resolution Fund (SRB/ES/SRF/2016/06)’), as well as the decision of the Single Resolution Board SRB/ES/SRF/2016/13 of 20 May 2016 (‘Decision of the Executive Session of the Board of 20 May 2016 on the adjustment of the 2016 ex-ante contributions to the Single Resolution Fund supplementing the Decision of the Executive Session of the Board of 15 April 2016 on the 2016 ex-ante contributions to the Single Resolution Fund (SRB/ES/SRF/2016/13)’), at least in so far as those decisions concern the applicant;

order the defendant to pay the costs of the proceedings.

Pleas in law and main arguments

In support of the action, the applicant relies on two pleas in law.

First plea in law: flagrant breach of essential procedural requirements by reason of a lack of (full) disclosure of the contested decisions.

Second plea in law: flagrant breach of essential procedural requirements by reason of an inadequate statement of reasons for the contested decisions.

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