Legislator Case Law & Legislation
KKO 4040/1998 AI generated

Supreme Court dismisses director's liability claim due to procedural preclusion in lower court.

Case Number KKO 4040/1998
Court / Authority
Jurisdiction Finland (FI)
Decision Date
Outcome Dismissed

Legislator summary

AI generated

The Supreme Court dismissed the plaintiff's claim for damages against the company's managing director. The plaintiff argued the director caused loss through negligence, but the lower court had already rejected the claim based on preclusion rules. The Supreme Court upheld this decision, ruling that the plaintiff failed to pursue the claim within the required time limits.

Legislator headnote

AI generated

OYL 15 luku 1 §; OK 25 luku 14 § 2 mom: A claim for damages against a company director is barred if the plaintiff fails to file it within the statutory limitation period or if the lower court correctly applies preclusion rules.

Keywords

AI generated
corporate director liability statutory limitation period procedural preclusion damages claim dismissal corporate governance civil procedure rules time bar defense

Cited Legislation

AI generated
OYL 15 luku 1 §
OK 25 luku 14 § 2 mom
OK 25 luku 14 § 2 mom (1052/1991)
AI generated

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Full text

Kysymys osakeyhtiön toimitusjohtajan vahingonkorvausvastuusta ja sen toteuttamisesta. Kysymys tähän liittyen myös prekluusiosta hovioikeudessa.

OYL 15 luku 1 §

OK 25 luku 14 § 2 mom (1052/1991)