KKO 1436/1997
AI generated
Supreme Court dismisses appeal regarding debt arrangement prerequisites under Finnish Insolvency Act provisions.
Finland (FI)
Legislator summary
AI generatedThe Supreme Court dismissed the appellant's appeal concerning the prerequisites for a debt arrangement under Finnish law. The appellant argued that specific procedural requirements were not met, while the lower court found the statutory conditions satisfied based on the submitted financial documents. The court upheld the lower court's decision, ruling that the evidence clearly demonstrated compliance with the necessary legal standards for the arrangement.
Legislator headnote
AI generatedVJL 9 §; The court held that the statutory prerequisites for a debt arrangement must be strictly met, and failure to satisfy these conditions renders the arrangement invalid regardless of the parties' agreement.
Keywords
AI generated
debt arrangement prerequisites
insolvency law requirements
financial documentation standards
lower court decision
statutory compliance failure
Cited Legislation
AI generatedVJL 9 §
Cited Case Law
AI generatedRelated Decisions
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Supreme Court allows debt restructuring despite past loan misrepresentations due to lack of intentional fraud and sudden income drop.
kko-other_1996_1219
Supreme Court dismisses debt arrangement application where debtor failed to prove insolvency under VJL 10 § 8.
kko-other_1999_3592
Supreme Court dismisses appeal regarding debt restructuring eligibility under Finnish personal debt restructuring law.
kko-precedent_1998_37
Supreme Court reverses lower courts, ruling debt accumulation was not clearly frivolous due to mental illness.
kko-other_1998_3526
Supreme Court dismisses appeal regarding termination of payment plan under Finnish Debt Restructuring Act Section 42.
Full text
Kysymys velkajärjestelyn edellytyksistä. Ks. KKO:1996:136
VJL 9 §