Legislator Case Law & Legislation
KKO 9/1995 AI generated

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

Case Number KKO 9/1995
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 court found that under the relevant bankruptcy law, wage claims enjoy a specific priority status that extends to accrued interest. Consequently, the court ruled that the interest must be paid in accordance with the statutory priority order for bankruptcy claims.

Legislator headnote

AI generated

Bankruptcy Act s. 10; Wage Act s. 4: In employer bankruptcy, interest on wage claims is treated as part of the wage claim and enjoys the same priority status as principal wages.

Keywords

AI generated
bankruptcy priority wage claims accrued interest employee rights supreme court ruling

Cited Legislation

AI generated
Bankruptcy Act s. 10
Wage Act s. 4
AI generated

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Full text

Kysymys työpalkkasaataville maksettavan koron etuoikeudesta työnantajan konkurssissa.

MJL 9 § 1 mom 1 kohta

MJL 4 §