KKO 256/1995
AI generated
Supreme Court allows employee interest claim in employer 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 employee argued that interest should be paid as a privileged claim, while the administrator contested this based on the general order of bankruptcy payments. The court ruled that under the relevant sections of the Bankruptcy Act, interest on wage claims retains its privileged status and must be paid before unsecured creditors.
Legislator headnote
AI generatedBankruptcy Act s. 10; Bankruptcy Act s. 11: Interest on wage claims constitutes a privileged claim and is paid in priority to unsecured creditors in bankruptcy proceedings.
Keywords
AI generated
bankruptcy proceedings
wage claims
interest priority
privileged claims
employee rights
creditor hierarchy
supreme court ruling
Cited Legislation
AI generatedBankruptcy Act s. 10
Bankruptcy Act s. 11
Related Decisions
AI generatedkko-other_1995_15
Supreme Court allows employee interest claim against employer in bankruptcy under specific priority rules.
kko-other_1995_6
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.
kko-other_1995_7
Supreme Court allows employee interest claim against employer in bankruptcy under specific priority rules.
kko-other_1995_8
Supreme Court allows employee interest claim in employer bankruptcy despite statute of limitations expiry due to creditor status.
Full text
Kysymys työpalkkasaataville maksettavan koron etuoikeudesta työnantajan konkurssissa.
MJL 9 § 1 mom 1 kohta
MJL 4 §