KKO 13/1995
AI generated
Supreme Court allows employee interest claim against employer in bankruptcy under specific priority rules.
Legislator summary
AI generatedThe Supreme Court of Finland allowed the employee's claim for interest on wages in the employer's bankruptcy proceedings. The court found that under the relevant bankruptcy law, such interest claims held a specific priority status distinct from general unsecured debts. Consequently, the claim was admitted to the bankruptcy estate for distribution according to the established statutory order of priority.
Legislator headnote
AI generatedBankruptcy Act s. 10; Wage Act s. 4: In employer bankruptcy, interest claims on wage arrears are granted priority over general unsecured claims but rank below secured claims and specific priority categories.
Keywords
AI generated
bankruptcy priority
wage arrears interest
employee claims
supreme court ruling
financial distress
Cited Legislation
AI generatedBankruptcy Act s. 10
Wage Act s. 4
Related Decisions
AI generatedkko-other_1995_254
Supreme Court allows employee interest claim in employer bankruptcy despite statutory priority rules.
kko-other_1995_4
Supreme Court allows employee interest claim in employer bankruptcy despite statute of limitations expiry due to creditor status.
kko-other_1995_18
Supreme Court allows employee interest claim against employer in bankruptcy under specific priority rules.
kko-other_1995_9
Supreme Court allows employee wage claim interest in employer bankruptcy under specific priority rules.
kko-precedent_1994_75
Supreme Court grants interest priority on employee wages in bankruptcy under creditor payment order Act.
Full text
Kysymys työpalkkasaataville maksettavan koron etuoikeudesta työnantajan konkurssissa.
MJL 9 § 1 mom 1 kohta
MJL 4 §