Action brought on 15 May 2020 — Arias Mosquera and Others v SRB

(Case T-303/20)

Language of the case: Spanish

Parties

Applicants: José María Arias Mosquera (Madrid, Spain) and 28 other applicants (represented by: P. Rubio Escobar, R. Ruíz de la Torre Esporrín, A. Menéndez Menéndez and B. Fernández García, lawyers)

Defendant: Single Resolution Board

Form of order sought

The applicants claim that the Court should:

annul Decision SRB/EES/2020/52 of the Single Resolution Board of 17 March 2020 determining whether compensation needs to be granted to the shareholders and creditors in respect of Banco Popular Español S.A.

order the defendant and the parties intervening in full or partial support of the defendant to pay the costs.

Pleas in law and main arguments

The pleas in law and main arguments are those relied on in Case T-302/20, Del Valle Ruiz and Others v Single Resolution Board.

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