MeSoFa v SRB

JUDGMENT OF THE GENERAL COURT (Seventh Chamber)18 June 2025 (*)( Economic and monetary union – Banking Union – Single Resolution Mechanism for credit institutions and certain investment firms (SRM) – Resolution procedure applicable where an entity is failing or is likely to fail – Decision of the SRB not to adopt a resolution scheme – Action for annulment – Interest in bringing proceedings – Admissibility – Article 18 of Regulation (EU) No 806/2014 – Competence of the author of the act – Right to be heard – Obligation to state reasons )In Case T‑450/22,Me So Fa Vermögensverwaltungs AG, formerly Sber Vermögensverwaltungs AG, initially Sberbank Europe AG, established in Vienna (Austria), represented by M. Fellner and P. Blaschke, lawyers,applicant,v Single Resolution Board (SRB), represented by H. Ehlers, L. Forestier and J. Rius Riu, acting as Agents, and by B. Meyring and S. Ianc, lawyers,defendant,supported by European Central Bank (ECB), represented by A. Lefterov, G. Marafioti and E. Yoo, acting as Agents,intervener,THE GENERAL COURT (Seventh Chamber),composed of K. Kowalik‑Bańczyk, President, E. Buttigieg (Rapporteur) and G. Hesse, Judges,Registrar: S. Spyropoulos, Administrator,having regard to the written part of the procedure,further to the hearing on 28 November 2024,gives the following Judgment 1        By its action under Article 263 TFEU, the applicant, Me So Fa Vermögensverwaltungs AG, formerly Sber Vermögensverwaltungs AG, initially Sberbank Europe AG, seeks the...