Judgment of the General Court (Third Chamber, Extended Composition) of 1 June 2022.#Algebris (UK) Ltd and Anchorage Capital Group LLC v European Commission.#Economic and monetary union – Banking Union – Single Resolution Mechanism for credit institutions and certain investment firms (SRM) – Resolution procedure applicable where an entity is failing or is likely to fail – Adoption by the SRB of a resolution scheme in respect of Banco Popular Español – Delegation of power – Obligation to state reasons – Principle of good administration – Article 20 of Regulation (EU) No 806/2014 – Right to be heard