Order of the General Court of 1 June 2022 – Del Valle Ruiz and Others v SRB
(Case T-512/19) 1
(Action for annulment – Economic and monetary policy – Single Resolution Mechanism for credit institutions and certain investment firms (SRM) – Resolution scheme in respect of Banco Popular Español – No ex post definitive valuation of Banco Popular Español – Lack of direct concern – Manifest inadmissibility)
Language of the case: Spanish
Parties
Applicants: Antonio Del Valle Ruiz (Mexico City, Mexico) and the 36 other applicants whose names are listed in the annex to the order (represented by: B. Fernández García, lawyer)
Defendant: Single Resolution Board (represented by: J. King and E. Muratori, acting as Agents, assisted by H.-G. Kamann, F. Louis, C. Schwedler, P. Gey, V. Del Pozo Espinosa De Los Monteros, G. Barthet and J. Krämer, lawyers)
Re:
By their action based on Article 263 TFEU, the applicants seek annulment of the ‘decision of the Single Resolution Board (SRB) not to carry out an ex post definitive valuation of Banco Popular Español, SA, communicated to the applicants by letter of 20 May 2019’.
Operative part of the order
1. The action is dismissed as inadmissible.
2. Mr Antonio Del Valle Ruíz and the other applicants whose names are listed in the annex are ordered to pay the costs.
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1 OJ C 295, 2.9.2019.