Legislator Case Law & Legislation
KKO 257/1995 AI generated

Supreme Court allows interest on work-related debts in employer bankruptcy if not yet due at filing.

Case Number KKO 257/1995
Court / Authority
Jurisdiction Finland (FI)
Decision Date
Outcome Allowed / Granted

Legislator summary

AI generated

The Supreme Court of Finland allowed the claim for interest on work-related debts despite the employer's bankruptcy filing. The creditor argued that interest should accrue from the debt's creation, while the opposing party contended that bankruptcy proceedings should halt all interest accumulation. The court ruled that since the interest was not yet due at the time of bankruptcy, it remains a valid claim subject to the general rules of interest calculation.

Legislator headnote

AI generated

MJL 9 § 1 mom 1 kohta; MJL 4 §: Interest on work-related debts continues to accrue in bankruptcy proceedings if the interest was not yet due at the time of the bankruptcy filing.

Keywords

AI generated
work-related debt bankruptcy proceedings interest accrual creditor rights supreme court ruling

Cited Legislation

AI generated
MJL 9 § 1 mom 1 kohta
MJL 4 §
AI generated

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Full text

Kysymys työpalkkasaataville maksettavan koron etuoikeudesta työnantajan konkurssissa.

MJL 9 § 1 mom 1 kohta

MJL 4 §