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0120449 AI generated

Social Security debt recovery blocked when creditor assembly restructure approved without government authorization.

Case Number 0120449
Court / Authority
Jurisdiction Portugal (PT)
Decision Date
Outcome Dismissed
Open official source Machine-readable Markdown (.md)

Legislator summary

AI generated

The Tribunal da Relação do Porto dismissed the appeal regarding the Social Security's inability to recover debts from a company undergoing financial restructure. Although a creditor assembly approved the restructure plan and the court homologated it, the Social Security argued this measure was invalid without prior government authorization. The court ruled that such authorization is a mandatory prerequisite for the restructure to be effective against the Social Security entity.

Legislator headnote

Official

RECUPERAÇÃO DE EMPRESA CRÉDITO DA SEGURANÇA SOCIAL

Keywords

AI generated
Social Security debt recovery Corporate financial restructure Creditor assembly authorization Government approval requirement Social Security immunity

Cited Legislation

AI generated
Art. 62 of the CPEREF98

Cited Case Law

AI generated
AC RC DE 1999/02/25 IN BMJ N484 PAG442

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Full text

[DATA DEC. RECORRIDA] 05/16/2000

[Nº CONVENCIONAL] JTRP00032251

[Nº DO DOCUMENTO] RP200105220120449

[PRIVACIDADE] 1

[PROCESSO NO TRIBUNAL RECORRIDO] 139/98-3S

[TEXTO INTEGRAL] N

[TRIBUNAL RECORRIDO] T COMÉRCIO V N GAIA 1J

[URL] https://www.dgsi.pt/jtrp.nsf/56a6e7121657f91e80257cda00381fdf/2C02C23E90FA93AF80256ADB003AE72F?OpenDocument

SUMÁRIO

Não tendo sido autorizada pelo membro do Governo competente, é ineficaz para a Segurança Social a deliberação da assembleia de credores, homologada por sentença, que aprovar a medida de reestruturação financeira da empresa devedora.