KKO 18/1995
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 unpaid wages in the employer's bankruptcy proceedings. The employee argued that interest should be paid as a priority claim, while the administrator contested this based on the general order of bankruptcy distribution. The court ruled that under the relevant sections of the Bankruptcy Act, interest on wage claims constitutes a priority claim and must be paid before unsecured creditors.
Legislator headnote
AI generatedBankruptcy Act s. 10; Bankruptcy Act s. 11: Interest on wage claims constitutes a priority claim in bankruptcy proceedings and must be paid before unsecured creditors.
Keywords
AI generated
bankruptcy priority
wage claims
interest on wages
employee rights
creditor hierarchy
Cited Legislation
AI generatedBankruptcy Act s. 10
Bankruptcy Act s. 11
Related Decisions
AI generatedkko-other_1995_13
Supreme Court allows employee interest claim against employer in bankruptcy under specific 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_9
Supreme Court allows employee wage claim interest in employer bankruptcy under specific priority rules.
kko-other_1995_255
Supreme Court allows employee interest claim against employer in 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 §