Order of the General Court (Fourth Chamber) of 8 December 2021

Data

Court: General Court

Case date: 8 december 2021

Verdict

Order of the General Court (Fourth Chamber) of 8 December 2021 –
Alessio and Others v ECB

(Case T‑620/20)

"(Action for annulment - Economic and monetary union - Banking union - Recovery and resolution of credit institutions - Early intervention measures - Decision of the ECB to place Banca Carige under temporary administration - Subsequent extension decisions - Time limit for bringing proceedings - Delay - Inadmissibility)"

Action for annulmentTime limitsPoint from which time starts to runDecision neither published nor notified to the applicantPrecise knowledge of the content and reasonsDuty to request the whole text of the decision within a reasonable time once its existence is known

(Art. 263, sixth para., TFEU)

(see paras 39, 40, 42-44, 46-48, 81-84)

Re:

Application under Article 263 TFEU for annulment, first, of the ECB’s decision of 1 January 2019 placing Banca Carige SpA under temporary administration and, secondly, of its decision of 29 March 2019, extending the period of the temporary administration, and of the subsequent extension decisions.

Operative part

The action is dismissed as inadmissible.

There is no longer any need to adjudicate on the European Commission’s application for leave to intervene.

Mr Roberto Alessio and the other applicants whose names are listed in the annex shall bear their own costs and pay those incurred by the European Central Bank (ECB).

The Commission shall bear its own costs relating to the application for leave to intervene.