KKO 3/1995
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 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 qualifies for priority payment, thereby validating the employee's request.
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 entitlement
employee protection
creditor hierarchy
Cited Legislation
AI generatedBankruptcy Act s. 10
Bankruptcy Act s. 11
Related Decisions
AI generatedkko-other_1995_5
Supreme Court allows employee interest claim against employer in bankruptcy under specific priority rules.
kko-other_1995_257
Supreme Court allows interest on work-related debts in employer bankruptcy if not yet due at filing.
kko-other_1995_12
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_10
Supreme Court allows employee interest claim against employer in bankruptcy under specific priority rules.
Full text
Kysymys työpalkkasaataville maksettavan koron etuoikeudesta työnantajan konkurssissa.
MJL 9 § 1 mom 1 kohta
MJL 4 §