European court rules out Anchorage, Algebris action over Popular case

Europe
On the 10.25.19 at 3:04PM

by

Adrien Paredes-Vanheule

On 10 October, the recourse was dismissed as being inadmissible by the eighth chamber of the Court of Justice of the European Union (CJEU).
Court of Justice of the European Union

As part of the group of shareholders and creditors which lost €2.03bn in the resolution of Banco Popular in June 2017, investment managers Algebris and Anchorage had lodged an application on 4 January 2019 for the annulment of the decision of the

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