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European Union
Banco de Portugal and Others v VR (C-504/19)
Consideration of the question referred
Substance
61

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

Judgment of 29 Apr 2021law://eu/cjeu/2019/c-504-19/para_61@2026-11-11

61It is true that Directive 2001/24 does not prevent the home Member State from amending, even with retroactive effect, the legal rules applicable to such reorganisation measures (see, to that effect, judgment of 24 October 2013, LBI, C‑85/12, EU:C:2013:697, paragraph 38).

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); 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); BPCE and Others v Single Resolution Board (T-385/21)
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)2 provisions; 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)