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.

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Official record CELEX 62018TJ0280 from European Union at Court of Justice of the European Union. Dated 6 July 2022. Status: decided.

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• 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.

  judgment · EN · 6 July 2022

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