Communication: judgment No. 0874 of 2019

IDENTIFIER
62019CA0874
LANGUAGE
English
COURT
Court of Justice of the European Union
AG OPINION
NO
REFERENCES MADE
1
REFERENCED
1
DOCUMENT TYPE
Communication: judgment

Judgment



21.2.2022   

EN

Official Journal of the European Union

C 84/6


Judgment of the Court (Third Chamber) of 21 December 2021 — Aeris Invest Sàrl v Single Resolution Board (SRB)

(Case C-874/19 P) (1)

(Appeal - Economic and monetary union - Banking union - Recovery and resolution of credit institutions and investment firms - Single resolution mechanism for credit institutions and certain investment firms (SRM) - Single Resolution Board (SRB) - Resolution procedure applicable where an entity is failing or is likely to fail - Adoption of a resolution scheme in respect of Banco Popular Español SA - Sale of business tool - Write-down and conversion of capital instruments - Regulation (EU) No 806/2014 - Article 20 - Concept of ‘definitive valuation’ - Consequences - Refusal or failure to proceed with an ex post definitive valuation - Remedies - Action for annulment)

(2022/C 84/06)

Language of the case: French

Parties

Appellant: Aeris Invest Sàrl (represented: initially by R. Vallina Hoset and A. Sellés Marco, abogados, and subsequently by R. Vallina Hoset, E. Galán Burgos and M. Varela Suárez, abogados)

Other party to the proceedings: Single Resolution Board (SRB) (represented by: J. King, L. Pogarcic Mataija and E. Muratori, acting as Agents, F. Louis and G. Barthet, avocats, and H. G. Kamann and L. Hesse, Rechtsanwälte)

Operative part of the judgment

The Court:

1.

Dismisses the appeal;

2.

Orders Aeris Invest Sàrl to pay the costs.


(1)  OJ C 45, 10.2.2020.



Citations

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