Supreme Court allows profit share claim based on registered collective agreement, rejecting need for shareholder resolution.

The Supreme Court resolved a legal question regarding whether a collective agreement could serve as the basis for a profit share award. The lower courts debated if a shareholder resolution was required after privatization, but the Supreme Court ruled that the registered collective agreement was sufficient. The court held that the agreement creates direct rights for employees and that the analogy between shareholder and employee assemblies does not require a new shareholder vote.