KKO 258/1995
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 employee argued that interest should be paid as a privileged claim, while the administrator contested this based on general bankruptcy distribution rules. 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 accruing on wage claims remains a privileged claim in bankruptcy and must be paid in priority to unsecured creditors.
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
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Supreme Court allows employee interest claim against employer in bankruptcy under specific priority rules.
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kko-other_1995_251
Supreme Court allows interest on work-related debt claims in employer bankruptcy under specific priority rules.
kko-other_1995_7
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kko-other_1995_14
Supreme Court allows employee wage claim interest in employer bankruptcy under specific priority rules.
Full text
Kysymys työpalkkasaataville maksettavan koron etuoikeudesta työnantajan konkurssissa.
MJL 9 § 1 mom 1 kohta
MJL 4 §