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Hypo Vorarlberg loses dispute at EU court over fees to bailout fund

( April 9, 2025, 08:31 GMT | Official Statement) -- MLex Summary: Austrian lender Hypo Vorarlberg Bank has lost its legal dispute at the EU's General Court against the Single Resolution Board over the calculation of the bank's 2016 ex-ante contributions. Hypo Vorarlberg's claims include the board's failure to notify it of its decision and to respect its right to be heard. In today's ruling, EU judges said that the appeal must be rejected, as none of the grounds cited by Hypo Vorarlberg are valid. Judgment attached (in French). Case reference is T-336/20. ...

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