Judgment of the General Court (Third Chamber) of 24 January 2017

Nausicaa Anadyomène SAS and Banque d'escompte v European Central Bank

Non-contractual liability — Economic and monetary policy — ECB — National central banks — Restructuring of the Greek public debt — Programme for purchasing securities — Securities exchange agreement for the sole benefit of central banks in the Eurosystem — Private sector involvement — Collective action clauses — Credit enhancement in the form of a buyback programme intended to support the quality of the securities as collateral — Private creditors — Commercial banks — Sufficiently serious breach of a rule of law conferring rights on individuals — Legitimate expectations — Equal treatment

Case T-749/15


Top of the page Documents in the Case
Document Date Name of the parties Subject-matter Curia EUR-Lex Autres Liens
Judgment (OJ)
17/02/2017 Nausicaa Anadyomène and Banque d'escompte v ECB
Judgment
ECLI:EU:T:2017:21
24/01/2017 Nausicaa Anadyomène and Banque d'escompte v ECB
Judgment (Information)
ECLI:EU:T:2017:21
24/01/2017 Nausicaa Anadyomène and Banque d'escompte v ECB
Application (OJ)
05/02/2016 Nausicaa Anadyomène and Banque d'escompte v ECB
Top of the page Legal analysis of the decision or of the case

Reports of Cases

published in the electronic Reports of Cases (Court Reports - general - 'Information on unpublished decisions' section)

Subject-matter

Information not available

Systematic classification scheme

1.
3 Legal proceedings
  3.08 Procedural rules
    3.08.08 Judgments and orders
      3.08.08.02 Res judicata
3 Legal proceedings
  3.05 Actions for damages
    3.05.02 Rules governing the non-contractual liability of the European Union
      3.05.02.00 General
2 Institutional framework of the European Union
  2.01 Institutions
    2.01.06 European Central Bank
3 Legal proceedings
  3.05 Actions for damages
    3.05.02 Rules governing the non-contractual liability of the European Union
      3.05.02.01 Basis of liability
1 The legal order of the European Union
  1.01 Sources of EU law
    1.01.02 General principles of law
      1.01.02.03 Principle of the protection of legitimate expectations
4 Internal policy of the European Union
  4.12 Economic and monetary policy
    4.12.02 Monetary policy
3 Legal proceedings
  3.08 Procedural rules
    3.08.05 Compliance with time-limits
1 The legal order of the European Union
  1.01 Sources of EU law
    1.01.02 General principles of law
      1.01.02.03 Principle of the protection of legitimate expectations
4 Internal policy of the European Union
  4.12 Economic and monetary policy
    4.12.02 Monetary policy
1 The legal order of the European Union
  1.01 Sources of EU law
    1.01.02 General principles of law
      1.01.02.03 Principle of the protection of legitimate expectations
4 Internal policy of the European Union
  4.12 Economic and monetary policy
    4.12.02 Monetary policy
1 The legal order of the European Union
  1.01 Sources of EU law
    1.01.02 General principles of law
      1.01.02.01 Principle of equality and non-discrimination
1 The legal order of the European Union
  1.04 Fundamental rights
    1.04.03 The fundamental rights
      1.04.03.41 Right to good administration
4 Internal policy of the European Union
  4.12 Economic and monetary policy
    4.12.02 Monetary policy


Citations of case-law or legislation

References in grounds of judgment

Operative part

Information not available

Opinion

Information not available


Dates

Date of the lodging of the application initiating proceedings

  • 21/12/2015

Date of the Opinion

Information not available

Date of the hearing

Information not available

Date of delivery

24/01/2017


References

Publication in the Official Journal

Judgment: OJ C 70 from 06.03.2017, p.19

Application: OJ C 68 from 22.02.2016, p.39

Name of the parties

Nausicaa Anadyomène and Banque d'escompte v ECB

Notes on Academic Writings

  1. Berlin, Dominique: La BCE lave plus blanc ..., La Semaine Juridique - édition générale 2017 nº 7-8 p.312 (FR)
  2. Simon, Denys: Politique économique et monétaire, Europe 2017 Mars nº 03 p.16-17 (FR)



Procedural Analysis Information

Source of the question referred for a preliminary ruling

Information not available

Subject-matter

  • Law governing the institutions

Provisions of national law referred to

Information not available

Provisions of international law referred to

Information not available

Procedure and result

  • Action for damages : dismissal on substantive grounds

Formation of the Court

Troisième chambre (Tribunal)

Judge-Rapporteur

Kreuschitz

Advocate General

Information not available

Language(s) of the Case

  • French

Language(s) of the Opinion

    Information not available