Legislator Case Law & Legislation
VakO 24.6.1982/10540:81 AI generated

Insurance court dismisses claim that post-bankruptcy termination pay premiums are not bankruptcy estate debt.

Case Number VakO 24.6.1982/10540:81
Court / Authority
Jurisdiction Finland (FI)
Decision Date
Outcome Dismissed

Legislator summary

AI generated

The Insurance Court dismissed the applicant's request to exclude certain pension insurance premiums from the bankruptcy estate. The employee's employment relationship continued uninterrupted until the end of the notice period despite the company's bankruptcy, and premiums for accrued termination pay became due after the bankruptcy commenced. The court ruled that these premiums constitute a mass debt of the bankruptcy estate, thereby rejecting the argument for their exclusion.

Legislator headnote

AI generated

Section 10 of the Bankruptcy Act; Section 1 of the Pension Insurance Act: Premiums for termination pay accrued after the commencement of bankruptcy constitute a mass debt of the bankruptcy estate and are not subject to exclusion.

Keywords

AI generated
bankruptcy estate debt termination pay premiums pension insurance obligations mass debt classification employment continuity post-bankruptcy

Cited Legislation

AI generated
Section 10 of the Bankruptcy Act
Section 1 of the Pension Insurance Act
AI generated

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Full text

Työntekijöiden työsuhteet olivat jatkuneet yhtiön konkurssista huolimatta yhdenjaksoisesti irtisanomisajan päättymiseen saakka. Konkurssin alkamisen jälkeen erääntyneisiin irtisanomisajan palkkoihin perustuvat työeläkevakuutusmaksut ovat konkurssipesän massavelkaa. Eläkelautakunnan päätöstä ei muutettu. VII -jaosto Samoin VAKO 229:83