Norddeutsche Landesbank – Girozentrale v SRB

Reports of Cases JUDGMENT OF THE GENERAL COURT (Eighth Chamber, Extended Composition) 17 July 2024* (Economic and Monetary Union – Banking Union – Single Resolution Mechanism for credit institutions and certain investment firms (SRM) – Single Resolution Fund (SRF) – Decision of the SRB on the calculation of the 2021 ex ante contributions – Duty to state reasons – Equal treatment – Proportionality – SRB’s discretion – Manifest error of assessment – Plea of illegality – Commission’s discretion – Limitation of temporal effects of the judgment) In Case T-403/21, Norddeutsche Landesbank – Girozentrale, established in Hanover (Germany), represented by J. Seitz and C. Marx, lawyers, v applicant, Single Resolution Board (SRB), represented by J. Kerlin, T. Wittenberg and C. De Falco, acting as Agents, and by G. Coppo, S. Reinart and K. Bongs, lawyers, supported by defendant, European Commission, represented by D. Triantafyllou and A. Steiblytė, acting as Agents, intervener, THE GENERAL COURT (Eighth Chamber, Extended Composition), composed of A. Kornezov, President, G. De Baere, D. Petrlík (Rapporteur), K. Kecsmár and S. Kingston, Judges, Registrar: L. Ramette, Administrator, having regard to the written part of the procedure, further to the hearing on 8 March 2023, gives the following * Language of the case: German. EN Judgment 1 1 By its action under Article 263 TFEU, the applicant, Norddeutsche Landesbank – Girozentrale, seeks the annulment of...