Polish Supreme Court rules asset restitution valuation date shifts to new judgment after administrative annulment.
Poland (PL)
Legislator summary
AI generatedThe Supreme Court of Poland ruled that the asset restitution valuation date shifts to the day of the new judgment following an administrative annulment. The union argued for the original seizure date, but the court found the administrative court's annulment did not disadvantage the claimant. Consequently, the court established that the valuation must reflect the real monetary value on the date of the final, effective restitution order.
Legislator headnote
AI generatedArt. 3 ust. 1 ustawy z dnia 25 października 1990 r. o zwrocie majątku utraconego przez związki zawodowe i organizacje społeczne w wyniku wprowadzenia stanu wojennego; The valuation of assets for restitution purposes is determined by the date of the final effective judgment, not the date of the original seizure or the annulled decision.