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European Union
Banco de Portugal and Others v VR (C-504/19)
Consideration of the question referred
Substance
33

Banco de Portugal and Others v VR (C-504/19)

Judgment of 29 Apr 2021law://eu/cjeu/2019/c-504-19/para_33@2026-11-11

33In that connection, it must be observed, as is apparent inter alia from recitals 4 and 16 thereof, that Directive 2001/24 is based on the principles of unity and universality, and establishes as a principle the mutual recognition of reorganisation measures and winding-up proceedings, and of their effects.

Source: EUR-Lex, © European Union, 1998-2026. Reuse authorised under Decision 2011/833/EU.

Key facts

Court: Court of Justice · Third Chamber
Case: C-504/19 · ECLI:EU:C:2021:335
Decided: 29 Apr 2021
Procedure: Preliminary reference · referred by the Tribunal Supremo (Supreme Court, Spain)
Applicants: Banco de Portugal; Fundo de Resolução; Novo Banco SA, Sucursal en España
Defendant: VR
Rapporteur: L.S. Rossi
Advocate General: Kokott
Bench: 5 judges
A. Prechal, K. Lenaerts, N. Wahl, F. Biltgen, L.S. Rossi
Language: Spanish
Official: CURIA · EUR-Lex 62019CJ0504

Topics

Charter of Fundamental Rights Freedom of establishment Principles of Union law

History · 1 version

29 Apr 2021Reading

Connections

Interprets 2: Charter of Fundamental Rights of the European Union (consolidated 2016); Directive 2001/24/EC of the European Parliament and of the Council of 4 April 2001 on the reorganisation and winding up of credit institutions
Cited by 23: D.E. v Banco Santander, SA (C-687/23); Novo Banco SA - Sucursal en España and Others v C.F.O. and Others (C-498/22)3 provisions; Xpand Consortium and Others v European Commission (T-80/25); Zalando SE v European Commission (T-348/23); Hypo Vorarlberg Bank AG v Single Resolution Board (T-336/20); Obshtina Veliko Tarnovo and Obshtina Belovo v Rakovoditel na Upravlyavashtia organ na Operativna programa ‘Regioni v rastezh’ 2014-2020 and Rakovoditel na Upravlyavashtia organ na Operativna programa ‘Okolna sreda’ 2014-2020 (C-471/23); Polynt SpA v European Chemicals Agency (T-29/22); Landesbank Baden-Württemberg v Single Resolution Board (T-142/22); Deutsche Bank AG v Single Resolution Board (T-396/21); Pesticide Action Network Europe (PAN Europe) v College voor de toelating van gewasbeschermingsmiddelen en biociden (C-308/22); DZ Bank AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main, formerly DVB Bank SE v Single Resolution Board (T-404/21); DZ Bank AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main v Single Resolution Board (T-390/21); Deutsche Kreditbank AG v Single Resolution Board (T-391/21); Landesbank Hessen-Thüringen Girozentrale v Single Resolution Board (T-392/21); Bayerische Landesbank v Single Resolution Board (T-394/21); DZ Hyp AG v Single Resolution Board (T-395/21); Hypo Vorarlberg Bank AG v Single Resolution Board (T-347/21); Volkskreditbank AG v Single Resolution Board (T-348/21); Landesbank Baden-Württemberg v Single Resolution Board (T-389/21); BPCE and Others v Single Resolution Board (T-385/21); BNP Paribas v Single Resolution Board (T-397/21); Crédit agricole SA and Others v Single Resolution Board (T-388/21); Société générale and Others v Single Resolution Board (T-387/21)
Cites 16: Treaty on the Functioning of the European Union (consolidated 2016); Charter of Fundamental Rights of the European Union (consolidated 2016)2 provisions; Treaty on European Union (consolidated 2016); Directive 2001/24/EC of the European Parliament and of the Council of 4 April 2001 on the reorganisation and winding up of credit institutions; État luxembourgeois v B and Others (C-245/19, C-246/19); Johannes Dietrich and Norbert Häring v Hessischer Rundfunk (C-422/19, C-423/19); LBI hf v Kepler Capital Markets SA and Frédéric Giraux (C-85/12); Proceedings brought by Mircea Florian Freitag (C-541/15); Banco de Portugal and Others v VR (C-504/19); Stichting ROM-projecten v Staatssecretaris van Economische Zaken (C-158/06); Proceedings relating to the extradition of BY (C-398/19); PI v Landespolizeidirektion Tirol (C-230/18); Alfredo Rendón Marín v Administración del Estado (C-165/14); D. Z. v Blue Air - Airline Management Solutions SRL (C-584/18); Virgílio Tarragó da Silveira v Massa Insolvente da Espírito Santo Financial Group, SA (C-250/17); Agrenergy Srl and Fusignano Due Srl v Ministero dello Sviluppo Economico (C-180/18, C-286/18, C-287/18)