Order of the General Court (Second Chamber) of 19 July 2017 —
BPC Lux 2 and Others v Commission

(Case T‑812/14)

(Action for annulment — State aid — Aid granted by the Portuguese authorities for the resolution of the financial institution Banco Espírito Santo — Creation and capitalisation of a Bridge Bank — Decision declaring the aid compatible with the internal market — No interest in bringing proceedings — Inadmissibility)

Actions for annulment — Interest in bringing proceedings — Need for an actual and current interest — Decision of the Commission declaring a State aid, consisting in an injection of capital into a bank, compatible with the internal market — Action by subordinate creditors of that bank — No legal effect of the annulment of the decision on the decision taken by a Member State to create a bridge bank and not to include in its assets obligations of the type held by the applicants — Failure to establish an advantage procured by the annulment of the decision — No interest in bringing proceedings — Inadmissibility

(Arts 107 TFEU and 263, fourth para., TFEU)

(see paras 24-36)

Re:

APPLICATION pursuant to Article 263 TFEU for annulment of Commission Decision C(2014) 5682 final of 3 August 2014 on State aid SA.39250 (2014/N) — Portugal — Resolution of Banco Espírito Santo.

Operative part

1. The action is dismissed as inadmissible.

2. BPC Lux 2 Sàrl and the other parties whose names are set out in the Annex to this order are ordered to bear their own costs and pay the costs incurred by the European Commission in the present proceedings and in the proceedings for interim relief.

3. The Portuguese Republic is ordered to bear its own costs.