Court of Justice of the European Communities (including Court of First Instance Decisions)

ORDER OF THE PRESIDENT
OF THE FOURTH CHAMBER (EXTENDED COMPOSITION) OF THE GENERAL COURT

23 October 2020 (*)

(Removal from the register)

In Case T‑741/18,

ZZ, represented by M. Demetriou QC, D. Piccinin, Barrister, E. Poulton, L. Carlisle and R. Molesworth, Solicitors,

applicant,

v

European Central Bank (ECB), represented by E. Yoo, V. Hümpfner and A. Karpf, acting as Agents,

defendant,

APPLICATION under Article 263 TFEU for annulment of Decision ECB-SSM-2018-LV-2 of the ECB of 10 October 2018 relating to the acquisition of a qualifying holding in Bank A.

1        By letter lodged at the Court Registry on 16 September 2020, the applicant informed the Court, in accordance with Article 125 of the Rules of Procedure of the General Court, that he wished to discontinue proceedings and that the question of costs had been the subject of an agreement between the parties, according to which each party shall bear its own costs.

2        By letter lodged at the Court Registry on 29 September 2020, the defendant informed the Court that it agrees with the applicant’s proposal that each party shall bear its own costs.

3        Article 136(3) of the Rules of Procedure provides that, where proceedings are discontinued and the parties have come to an agreement on costs, the order for costs is to be in accordance with that agreement.

4        The case shall therefore be removed from the register and the order for costs shall be as agreed between the parties.

On those grounds,

THE PRESIDENT OF THE FOURTH CHAMBER (EXTENDED COMPOSITION) OF THE GENERAL COURT

hereby orders:

1.      Case T‑741/18 is removed from the register of the General Court.

2.      Each party shall bear its own costs.

Luxembourg, 23 October 2020.

* Language of the case: English.

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