Bernis and Others v CRU (Economic and Monetary Union – Banking Union – Recovery and Resolution of Credit Institutions and Investment Firms – Judgment): ECJ 24 Feb 2022

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) – Regulation (EU) No 806/2014 – Article 18 – Resolution procedure – Declaration by the European Central Bank (ECB) that an entity is failing or is likely to fail – Decision of the Single Resolution Board (SRB) not to adopt a resolution scheme – Lack of public interest – Winding up in accordance with national law – Shareholders – Lack of direct concern – Inadmissibility

Citations:

C-364/20, [2022] EUECJ C-364/20P, ECLI:EU:C:2022:115

Links:

Bailii

Jurisdiction:

European

Banking

Updated: 14 April 2022; Ref: scu.674432