Legislator Case Law & Legislation
I PKN 38/96 AI generated

Employee's claim for shares dismissed when privatization via liquidation, not conversion, precludes preferential rights.

Case Number I PKN 38/96
Court / Authority
Jurisdiction Poland (PL)
Decision Date
Outcome Dismissed

Legislator summary

AI generated

The Supreme Court dismissed the employee's cassation appeal regarding his claim for shares in a newly formed company. The court found that the privatization was conducted through the liquidation of the enterprise rather than its conversion into a limited liability company. Consequently, the statutory preferential purchase rights applicable to conversion did not apply, and the employee failed to establish a binding obligation to purchase shares.

Legislator headnote

AI generated

Ustawa z dnia 13 lipca 1990 r. o prywatyzacji przedsiębiorstw państwowych; Prawo pracownika do zakupu akcji na zasadach preferencynych dotyczy wyłącznie przekształceń w spółki, a nie likwidacji przedsiębiorstwa.

Keywords

AI generated
privatization via liquidation employee preferential rights conversion to limited liability share purchase obligation labor law privatization

Cited Legislation

AI generated
Ustawa z dnia 13 lipca 1990 r. o prywatyzacji przedsiębiorstw państwowych
art. 471 Kodeksu cywilnego
art. 415 Kodeksu cywilnego
art. 24 ustawy o prywatyzacji
art. 393 § 12 Kodeksu postępowania cywilnego

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