Judgment of the Court (Eighth Chamber) of 5 March 2020 — Credito Fondiario SpA v Single Resolution Board, Italian Republic, European Commission

(Case C-69/19 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) - Single Resolution Fund (SRF) - Determination of the 2016 ex ante contribution - Action for annulment - Period within which proceedings must be commenced - Late submission - Plea of illegality - Manifest inadmissibility)

(2020/C 161/15)

Language of the case: Italian

Parties

Appellant: Credito Fondiario SpA (represented by: initially by F. Sciaudone, S. Frazzani, A. Neri and F. Iacovone, avvocati, and subsequently by F. Sciaudone, A. Neri and F. Iacovone, avvocati)

Other parties to the proceedings: Single Resolution Board (SRB) (represented by: H. Ehlers, acting as Agent, and by S. Ianc, B. Meyring, T. Klupsch and S. Schelo, Rechtsanwälte, and by M. Caccialanza and A. Villani, avvocati), Italian Republic (represented by: G. Palmieri, Agent, assisted by P. Gentili, avvocato dello Stato), European Commission (represented by: V. Di Bucci and K. P. Wojcik and A. Steiblytė, Agents)

Operative part of the judgment

The Court:

1.	Dismisses the appeal;

2.	Orders Credito Fondiario SpA to bear its own costs and to pay those incurred by the Single Resolution Board;

3.	Orders the Italian Republic and the European Commission to bear their own costs.

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(1)  OJ C 103, 18.3.2019.