Sberbank fails to overturn Single Resolution Board's no-resolution decision
( June 18, 2025, 08:40 GMT | Official Statement) -- MLex Summary: Sberbank Europe, now MeSoFa Vermögensverwaltungs, has lost its legal dispute at the EU's lower-tier court against the Single Resolution Board regarding the authority's decision not to resolve the bank when it collapsed in 2022 as a result of EU sanctions. In today's ruling, EU judges said that the lender's action should be dismissed in its entirety.Judgment attached. Case reference is T-450/22. ...
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