Action brought on 11 August 2017 — López Campo and Others v SRB

(Case T-530/17)

Language of the case: Spanish

Parties

Applicants: Mario López Campo (Pontevedra, Spain) and eight other applicants (represented by: F. Cabadas García, lawyer)

Defendant: Single Resolution Board

Form of order sought

The applicants claim that the General Court should:

Annul Decision SRD/EES/2017/08 of the Single Resolution Board, which it adopted on 7 June 2017, putting the institution Banco Popular Español S.A. under resolution as of 7 June 2017 and declare that the Board is responsible for compensating the applicants in the amounts set out in the application;

In the alternative, annul Decision SRD/EES/2017/08 of the Single Resolution Board, which it adopted on 7 June 2017, putting the institution Banco Popular Español S.A. under resolution as of 7 June 2017 and declare that the Board is responsible for compensating the applicants in the amounts resulting from the multiplication of the number of their shares by the final listing price prior to Decision SRD/EES/2017/08.

Pleas in law and main arguments

The present action concerns the Decision of the Single Resolution Board of 7 June 2017 (SRB/EES/2017/08) allowing the resolution of the Banco Popular Español, S.A.

The pleas in law and main arguments are similar to those put forward in Cases T-478/17, Mutualidad de la Abogacía and Hermandad Nacional de Arquitectos Superiores y Químicos v Single Resolution Board, T-481/17, Fundación Tatiana Pérez de Guzmán el Bueno and SFL v Single Resolution Board, T-482/17, Comercial Vascongada Recalde v Commission and Single Resolution Board, T-483/17, García Suárez and Others v Commission and Single Resolution Board, T-484/17, Fidesban and Others v Single Resolution Board, T-497/17, Sáchez del Valle and Calatrava Real State 2015 v Commission and Single Resolution Board, and T-498/17, Pablo Álvarez de Linera Granda v Commission and Single Resolution Board.

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