This document is an excerpt from the EUR-Lex website
Document 62012CA0085
Case C-85/12: Judgment of the Court (Fifth Chamber) of 24 October 2013 (request for a preliminary ruling from the Cour de cassation — France) — LBI hf, formerly Landsbanki Islands hf v Kepler Capital Markets SA, Frédéric Giraux (Request for a preliminary ruling — Reorganisation and winding-up of credit institutions — Directive 2001/24/EC — Articles 3, 9 and 32 — National legislative act conferring on reorganisation measures the effects of winding-up proceedings — Legislative measure prohibiting or suspending any legal proceedings against a credit institution after the entry into force of a moratorium)
Case C-85/12: Judgment of the Court (Fifth Chamber) of 24 October 2013 (request for a preliminary ruling from the Cour de cassation — France) — LBI hf, formerly Landsbanki Islands hf v Kepler Capital Markets SA, Frédéric Giraux (Request for a preliminary ruling — Reorganisation and winding-up of credit institutions — Directive 2001/24/EC — Articles 3, 9 and 32 — National legislative act conferring on reorganisation measures the effects of winding-up proceedings — Legislative measure prohibiting or suspending any legal proceedings against a credit institution after the entry into force of a moratorium)
Case C-85/12: Judgment of the Court (Fifth Chamber) of 24 October 2013 (request for a preliminary ruling from the Cour de cassation — France) — LBI hf, formerly Landsbanki Islands hf v Kepler Capital Markets SA, Frédéric Giraux (Request for a preliminary ruling — Reorganisation and winding-up of credit institutions — Directive 2001/24/EC — Articles 3, 9 and 32 — National legislative act conferring on reorganisation measures the effects of winding-up proceedings — Legislative measure prohibiting or suspending any legal proceedings against a credit institution after the entry into force of a moratorium)
IO C 367, 14.12.2013, p. 6–7
(BG, ES, CS, DA, DE, ET, EL, EN, FR, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)
- Date of document:
- 24/10/2013
- Date lodged:
- 20/02/2012
- Author:
- An Chúirt Bhreithiúnais
- Form:
- Faisnéis bhreithiúnach
- Authentic language:
- Fraincis
- Link
- Select all documents mentioning this document
- Instruments cited in case law:
- Link
- EUROVOC descriptor:
|
14.12.2013 |
EN |
Official Journal of the European Union |
C 367/6 |
Judgment of the Court (Fifth Chamber) of 24 October 2013 (request for a preliminary ruling from the Cour de cassation — France) — LBI hf, formerly Landsbanki Islands hf v Kepler Capital Markets SA, Frédéric Giraux
(Case C-85/12) (1)
(Request for a preliminary ruling - Reorganisation and winding-up of credit institutions - Directive 2001/24/EC - Articles 3, 9 and 32 - National legislative act conferring on reorganisation measures the effects of winding-up proceedings - Legislative measure prohibiting or suspending any legal proceedings against a credit institution after the entry into force of a moratorium)
2013/C 367/09
Language of the case: French
Referring court
Cour de cassation
Parties to the main proceedings
Applicant: LBI hf, formerly Landsbanki Islands hf
Defendants: Kepler Capital Markets SA, Frédéric Giraux
Re:
Request for a preliminary ruling — Cour de cassation — Interpretation of Articles 3, 9 and 32 of Directive 2001/24/EC of the European Parliament and of the Council of 4 April 2001 on the reorganisation and winding up of credit institutions (OJ 2001 L 125, p. 15) — Authorities authorised to adopt reorganisation and winding up measures for credit institutions — Administrative or judicial authorities — Permissibility of measures stemming directly from a law of a Member State of the EEA — Law applicable to proceedings concerning assets of a credit institution situated in a Member State — Effects on the application, in a Member State, of a legislative measure of another Member State, prohibiting or suspending any legal proceedings against a credit institution after the entry into force of a moratorium, in the case of interim protective measures adopted prior to the declaration of the moratorium
Operative part of the judgment
|
1. |
Articles 3 and 9 of Directive 2001/24/EC of the European Parliament and of the Council of 4 April 2001 on the reorganisation and winding up of credit institutions must be interpreted as meaning that reorganisation or winding-up measures in regard to a financial institution, such as those based on the transitional provisions in point II of Law No 44/2009, are to be regarded as measures adopted by an administrative or judicial authority for the purposes of those articles of Directive 2001/24, where those transitional provisions take effect only by means of judicial decisions granting a moratorium to a credit institution. |
|
2. |
Article 32 of Directive 2001/24 must be interpreted as not precluding a national provision, as Article 98 of Law No 161/2002 on financial institutions, as amended by Law No 129/2008 of 13 November 2008, which prohibited or suspended any legal action against a financial institution once it benefitted from a moratorium, from being effective in regard to interim protective measures, such as those at issue in the main proceedings, adopted in another Member State before the declaration of the moratorium. |
