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European Union
Algebris (UK) Ltd and Anchorage Capital Group LLC v Single Resolution Board (C-934/19 P)
The appeal
The grounds of appeal
Findings of the Court
92

Algebris (UK) Ltd and Anchorage Capital Group LLC v Single Resolution Board (C-934/19 P)

Judgment of 21 Dec 2021law://eu/cjeu/2019/c-934-19/para_92@2026-11-11

92The application of the sale of business tool is not one of the situations provided for in Article 20(12) of that regulation in which compensation may be paid following an ex post definitive valuation.

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

Key facts

Court: Court of Justice · Third Chamber
Case: C-934/19 P · ECLI:EU:C:2021:1042
Decided: 21 Dec 2021
Procedure: Action for annulment
Applicants: Algebris (UK) Ltd; Anchorage Capital Group LLC
Defendant: Single Resolution Board (SRB)
Rapporteur: N. Wahl
Advocate General: J. Kokott
Bench: 5 judges
A. Prechal, J. Passer, F. Biltgen, L.S. Rossi, N. Wahl
Language: English
Official: CURIA · EUR-Lex 62019CJ0934

Topics

Economic and monetary policy

History · 1 version

21 Dec 2021Reading

Connections

Cited by 4: Antonio Del Valle Ruíz and Others v Single Resolution Board (T-302/20)2 provisions; José María Galván Fernández-Guillén v Single Resolution Board (T-340/20); American Airlines, Inc. v European Commission (C-127/21 P); European Commission and Council of the European Union v VW and Others (C-116/21 P)
Cites 9: Treaty on the Functioning of the European Union (consolidated 2016)3 provisions; Charter of Fundamental Rights of the European Union (consolidated 2016); Regulation (EU) No 806/2014 of the European Parliament and of the Council of 15 July 2014 establishing uniform rules and a uniform procedure for the resolution of credit institutions and certain investment firms in the framework of a Single Resolution Mechanism and a Single Resolution Fund and amending Regulation (EU) No 1093/2010; Deutsche Post AG and Federal Republic of Germany v European Commission (C-463/10 P); Commission Decision (EU) 2017/1246 of 7 June 2017 endorsing the resolution scheme for Banco Popular Español S.A. (notified under document C(2017) 4038); Procureur-generaal v X (C-717/18); Abaco Energy, SA and Others v European Commission (C-436/19); Algebris (UK) Ltd and Anchorage Capital Group LLC v Single Resolution Board (T-2/19); Johannes Tomana and Others v Council of the European Union and European Commission (C-330/15)