Action brought on 7 September 2016 — Vorarlberger Landes- und Hypothekenbank v SRB

(Case T-645/16)

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, apparently of 15 April 2016, at least in so far as that decision concerns 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 decision.

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

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