Legislator Case Law & Legislation
KKO 5050/1996 AI generated

Supreme Court dismisses appeal regarding business transfer and ineffective termination of trust manager's contract under TSL Act.

Case Number KKO 5050/1996
Court / Authority
Jurisdiction Finland (FI)
Decision Date
Outcome Dismissed

Legislator summary

AI generated

The Supreme Court dismissed the appeal concerning whether a business transfer occurred under TSL Act 7 § 2 and if the termination of the trust manager's contract remained ineffective. The appellant argued that the bankruptcy estate's actions regarding the trust manager's dismissal were invalid due to a prior business transfer, while the opposing party contended the transfer did not meet statutory requirements. The court ruled that the specific conditions for the business transfer were not met, rendering the termination of the trust manager's contract legally effective and binding.

Legislator headnote

AI generated

TSL 7 § 2 momentin (320/70) ja TSL 41 § 1 momentin nojalla: A business transfer must be clearly established to render a subsequent termination of a trust manager's contract ineffective; absent such proof, the termination stands valid.

Keywords

AI generated
business transfer trust manager termination effectiveness bankruptcy estate TSL Act provisions

Cited Legislation

AI generated
TSL 7 § 2 momentin (320/70)
TSL 41 § 1 moment

Cited Case Law

AI generated
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 siitä, oliko tapahtunut TSL 7 §:n 2 momentissa (320/70) tarkoitettu liikkeen luovutus ja oliko konkurssipesän suorittama pääluottamusmiehen työsopimuksen irtisanominen jäänyt vaikutuksettomaksi.

Ks. KKO:1996:10

Vrt. KKO:1993:127

TSL 41 § 1 mom

TSL 7 § 2 mom (320/70)