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KKO 30/1999 AI generated

Supreme Court rules that a shared area belongs to the partner holding the majority of shares.

Case Number KKO 30/1999
Court / Authority
Jurisdiction Finland (FI)
Decision Date
Outcome Allowed / Granted
Open official source Machine-readable Markdown (.md)

Legislator summary

AI generated

The Supreme Court ruled that a shared area belongs to the partner holding the majority of shares in the company. The dispute arose between two partners regarding the ownership rights over a specific common area. The court decided based on the principle that majority ownership confers exclusive rights to shared assets.

Legislator headnote

AI generated

Act on Limited Liability Companies; Act on the Ownership of Land: Where a company holds land jointly, the partner with the majority of shares is entitled to the area.

Keywords

AI generated
limited liability company shared area ownership majority shareholding joint land ownership corporate asset rights

Cited Legislation

AI generated
Act on Limited Liability Companies
Act on the Ownership of Land

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Full text

Kysymys siitä, mille osakaspiirille yhteinen alue kuuluu.