Supreme Court dismisses cassation, ruling compensation must follow first-day Polish citizen share price.
Legislator summary
AI generatedThe Supreme Court dismissed the cassation appeal filed by a former employee against a lower court's compensation award. The employee argued for a specific valuation method, but the court held that damages for the unlawful prevention of acquiring preferential shares must be calculated based on the price offered to Polish citizens on the first day of the sale. The court rejected the cassation grounds as insufficiently specific and noted that procedural costs rulings cannot be the subject of a cassation appeal.
Legislator headnote
AI generatedArt. 471 i nast. k.c.; art. 300 k.p.; art. 24 ustawy o prywatyzacji; art. 363 § 2 in fine k.c.; art. 393 KPC: Compensation for the unlawful prevention of acquiring preferential shares must be calculated according to the price established for natural persons, Polish citizens, offered on the first day of the sale.