Judgment of the General Court (Tenth Chamber, Extended Composition) of 6 July 2022 (Extracts)

ABLV Bank AS v Single Resolution Board

Economic and monetary union – Banking union – Single resolution mechanism for credit institutions and certain investment firms (SRM) – Resolution procedure applicable where an entity is failing or is likely to fail – Decision of the SRB not to adopt a resolution scheme – Action for annulment – Act adversely affecting a person – Interest in bringing proceedings – Standing to bring proceedings – Inadmissibility in part – Article 18 of Regulation (EU) No 806/2014 – Power of the author of the measure – Right to be heard – Obligation to state reasons – Proportionality – Equal treatment

Case T-280/18

Reports of Cases

not yet published (Court Reports - general)

• (Appeal Case before the Court of Justice C-602/22 P)