Language of document :

Request for a preliminary ruling from the Tribunal Supremo (Spain) lodged on 2 July 2019 — Banco de Portugal, Fundo de Resolução, Novo Banco, S.A. v VR

(Case C-504/19)

Language of the case: Spanish

Referring court

Tribunal Supremo

Parties to the main proceedings

Applicants: Banco de Portugal, Fundo de Resolução, Novo Banco, S.A.

Defendant: VR

Question referred

Is an interpretation of Article 3(2) of Directive 2001/24/EC 1 under which, in legal proceedings pending in other Member States, the courts must, without any further formalities, recognise the effects of a Decision by the competent administrative authority of the home Member State that is intended retrospectively to change the legal framework that existed at the time the proceedings were commenced and that renders ineffective any judgments that do not accord with the provisions of the new decision, compatible with the fundamental right to an effective remedy in Article 47 of the Charter of Fundamental Rights of the EU, the principle of the rule of law in Article 2 of the Treaty on European Union, and the general principle of legal certainty?


1 Directive 2001/24/EC of the European Parliament and of the Council of 4 April 2001 on the reorganisation and winding up of credit institutions (OJ 2001 L 125, p. 15).