Language of document :

Action brought on 16 August 2017 — TW and Others v SRB

(Case T-555/17)

Language of the case: Spanish


Applicants: TW, TY, UA and UB (represented by: L. Chen Chen, lawyer)

Defendant: Single Resolution Board

Form of order sought

The applicants claim that the General Court should:

Take note of the lodging of the present action for annulment of the Single Resolution Board’s decision to write down Banco Popular Español S.A.’s share capital to EUR 0 and to sell it subsequently to Banco de Santander S.A. for EUR 1, and after having examined all the documents officially available and assessed the grounds set out therein, declare that the decision taken by the Board in the Official Journal of the European Union on 7 June 2017 is invalid or annulled.

Pleas in law and main arguments

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.