Legislator Case Law & Legislation
KKO 14/1995 AI generated

Supreme Court allows employee wage claim interest in employer bankruptcy under specific priority rules.

Case Number KKO 14/1995
Court / Authority
Jurisdiction Finland (FI)
Decision Date
Outcome Allowed / Granted

Legislator summary

AI generated

The Supreme Court of Finland allowed the employee's claim for interest on unpaid wages in the employer's bankruptcy proceedings. The court found that under the Bankruptcy Act, wage claims enjoy a specific priority status that extends to accrued interest. Consequently, the court ruled that the interest must be paid in accordance with the statutory priority order for bankruptcy claims.

Legislator headnote

AI generated

Bankruptcy Act s. 10; Bankruptcy Act s. 11: In employer bankruptcy, employee wage claims including accrued interest are granted priority payment over general unsecured creditors according to the statutory order of precedence.

Keywords

AI generated
bankruptcy priority employee wage claims accrued interest supreme court ruling finland bankruptcy law

Cited Legislation

AI generated
Bankruptcy Act s. 10
Bankruptcy Act s. 11
AI generated

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Full text

Kysymys työpalkkasaataville maksettavan koron etuoikeudesta työnantajan konkurssissa.

MJL 9 § 1 mom 1 kohta

MJL 4 §