This document is an excerpt from the EUR-Lex website
Document 62024TA0607
Case T-607/24: Judgment of the General Court of 26 November 2025 – SBK Art v Council (Common foreign and security policy – Restrictive measures taken in respect of actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine – Freezing of funds – List of persons, entities and bodies subject to the freezing of funds and economic resources – Maintenance of the applicant’s name on the list – Concept of association – Article 2(1), in fine, of Decision 2014/145/CFSP – Article 3(1), in fine, of Regulation (EU) No 269/2014 – Obligation to state reasons – Rights of the defence – Error of assessment – Proportionality – Plea of illegality)
Case T-607/24: Judgment of the General Court of 26 November 2025 – SBK Art v Council (Common foreign and security policy – Restrictive measures taken in respect of actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine – Freezing of funds – List of persons, entities and bodies subject to the freezing of funds and economic resources – Maintenance of the applicant’s name on the list – Concept of association – Article 2(1), in fine, of Decision 2014/145/CFSP – Article 3(1), in fine, of Regulation (EU) No 269/2014 – Obligation to state reasons – Rights of the defence – Error of assessment – Proportionality – Plea of illegality)
Case T-607/24: Judgment of the General Court of 26 November 2025 – SBK Art v Council (Common foreign and security policy – Restrictive measures taken in respect of actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine – Freezing of funds – List of persons, entities and bodies subject to the freezing of funds and economic resources – Maintenance of the applicant’s name on the list – Concept of association – Article 2(1), in fine, of Decision 2014/145/CFSP – Article 3(1), in fine, of Regulation (EU) No 269/2014 – Obligation to state reasons – Rights of the defence – Error of assessment – Proportionality – Plea of illegality)
OJ C, C/2026/326, 26.1.2026, ELI: http://data.europa.eu/eli/C/2026/326/oj (BG, ES, CS, DA, DE, ET, EL, EN, FR, GA, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)
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Official Journal |
EN C series |
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C/2026/326 |
26.1.2026 |
Judgment of the General Court of 26 November 2025 – SBK Art v Council
(Case T-607/24) (1)
(Common foreign and security policy - Restrictive measures taken in respect of actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine - Freezing of funds - List of persons, entities and bodies subject to the freezing of funds and economic resources - Maintenance of the applicant’s name on the list - Concept of ‘association’ - Article 2(1), in fine, of Decision 2014/145/CFSP - Article 3(1), in fine, of Regulation (EU) No 269/2014 - Obligation to state reasons - Rights of the defence - Error of assessment - Proportionality - Plea of illegality)
(C/2026/326)
Language of the case: English
Parties
Applicant: SBK Art OOO (Moscow, Russia) (represented by: G. Lansky and P. Goeth, lawyers)
Defendant: Council of the European Union (represented by: N. Brzezinski and A. Boggio-Tomasaz, acting as Agents,)
Interveners in support of the defendant: Republic of Croatia (represented by: G. Vidović Mesarek, acting as Agent), Kingdom of the Netherlands (represented by: C. Schillemans, A. Hanje, M. Bulterman and E. Besselink, acting as Agents), European Commission (represented by: M. Carpus-Carcea and L. Puccio, acting as Agents)
Re:
By its action under Article 263 TFEU, the applicant seeks annulment of, first, Council Decision (CFSP) 2024/2456 of 12 September 2024 amending Decision 2014/145/CFSP concerning restrictive measures in respect of actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine (OJ L, 2024/2456) and Council Implementing Regulation (EU) 2024/2455 of 12 September 2024 implementing Regulation (EU) No 269/2014 concerning restrictive measures in respect of actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine (OJ L, 2024/2455) and, secondly, Council Decision (CFSP) 2025/528 of 14 March 2025 amending Decision 2014/145/CFSP concerning restrictive measures in respect of actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine (OJ L, 2025/528) and Council Implementing Regulation (EU) 2025/527 of 14 March 2025 implementing Regulation (EU) No 269/2014 concerning restrictive measures in respect of actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine (OJ L, 2025/527), in so far as all of those acts concern the applicant.
Operative part of the judgment
The Court:
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1. |
Dismisses the action; |
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2. |
Orders SBK Art OOO to bear its own costs and to pay those incurred by the Council of the European Union; |
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3. |
Orders the Republic of Croatia, the Kingdom of the Netherlands and the European Commission to bear their own costs. |
ELI: http://data.europa.eu/eli/C/2026/326/oj
ISSN 1977-091X (electronic edition)