Legislator Case Law & Legislation
KKO 7/1995 AI generated

Supreme Court allows employee interest claim against employer in bankruptcy under specific priority rules.

Case Number KKO 7/1995
Court / Authority
Jurisdiction Finland (FI)
Decision Date
Outcome Allowed / Granted

Legislator summary

AI generated

The 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 bankruptcy law, interest on wage claims qualifies for priority treatment, thereby permitting the claim to be satisfied ahead of other unsecured creditors.

Legislator headnote

AI generated

Bankruptcy Act s. 10; Bankruptcy Act s. 11: Interest on wage claims constitutes a priority claim in bankruptcy proceedings and must be paid before other unsecured creditors.

Keywords

AI generated
bankruptcy priority wage claims interest entitlement employee rights creditor hierarchy

Cited Legislation

AI generated
Bankruptcy Act s. 10
Bankruptcy Act s. 11
AI generated

Need to analyze how this precedent applies to your matter?

Cross-reference this judgment against statutes, commentaries, and subsequent citing case law inside Legislator AI.

Open in Legislator →

Full text

Kysymys työpalkkasaataville maksettavan koron etuoikeudesta työnantajan konkurssissa.

MJL 9 § 1 mom 1 kohta

MJL 4 §