Order of the General Court of 24 September 2018 — Activa Minoristas del Popular v ECB and SRB

(Case T-618/17) (1)

(Action for annulment - Economic and monetary policy - Adoption of a resolution scheme in respect of Banco Popular Español - Action for annulment - Association set up after the adoption of the contested measure - Lack of direct concern - Manifestly inadmissible)

(2018/C 427/93)

Language of the case: Spanish

Parties

Applicant: Activa Minoristas del Popular Asociación para la tutela de los inversores minoristas afectados por la resolución, supervisión y gestión del Banco Popular (Madrid, Spain) (represented by: C. Arredondo Díaz, lawyer)

Defendants: European Central Bank (represented by: R. Ugena Torrejon and A. Lefterov, acting as Agents), Single Resolution Board (represented initially by: B. Meyring, S. Schelo, F. Málaga Diéguez, F. Fernández de Trocóniz Robles, T. Klupsch, M. Bettermann, L. Baudenbacher and S. Ianc, and subsequently by: B. Meyring, S. Schelo, F. Málaga Diéguez, F. Fernández de Trocóniz Robles, T. Klupsch, M. Bettermann, S. Ianc and M. Rickert, lawyers)

Re:

Application based on Article 263 TFEU seeking the annulment of Decision SRB/EES/2017/08 of the SRB of 7 June 2017, concerning the adoption of a resolution scheme in respect of Banco Popular Español, SA.

Operative part of the order

1.	The action is dismissed.

2.	There is no longer any need to adjudicate on the applications to intervene of Banco Santander, SA, Banco Popular Español, SA, the Kingdom of Spain, the European Commission and Chavela Inmuebles, SL.

3.	Activa Minoristas del Popular Asociación para la tutela de los inversores minoristas afectados por la resolución, supervisión y gestión del Banco Popular shall pay the costs with the exception of those relating to the applications to intervene.

4.	Banco Santander, Banco Popular Español, the Kingdom of Spain, the Commission and Chavela Inmuebles shall bear their own costs relating to the applications to intervene.

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(1)  OJ C 13, 15.1.2018.