Creditor in debt restructuring must reimburse state for lawyer fees paid to debtor's counsel on appeal.
Legislator summary
AI generatedThe Supreme Court of Finland ruled that a creditor in a debt restructuring proceeding must reimburse the state for legal fees paid to the debtor's counsel during the appeal process. The creditor argued that the state's payment to the lawyer was a necessary procedural step, while the state contended that the creditor should bear the cost of the appeal representation. The court decided that since the creditor initiated the appeal by requesting a change in the restructuring plan, they are liable for the associated legal costs incurred by the debtor's representative.
Legislator headnote
AI generatedMOL 21 § 1 mom; VJL 62 § 1 mom (57/93): In debt restructuring proceedings, a creditor who initiates an appeal is liable to reimburse the state for legal fees paid to the debtor's counsel on appeal.
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Kysymys siitä, oliko velkajärjestelyasiassa muutoksenhaun hävinnyt velkoja velvollinen korvaamaan valtiolle muutoksenhakemukseen vastanneen velallisen oikeudenkäyntiavustajalle hovioikeudessa maksetun palkkion.
MOL 21 § 1 mom
VJL 62 § 1 mom (57/93)