Legislator Case Law & Legislation
I PKN 563/99 AI generated

Supreme Court dismisses cassation, ruling compensation must follow first-day Polish citizen share price.

Case Number I PKN 563/99
Court / Authority
Jurisdiction Poland (PL)
Decision Date
Outcome Dismissed

Legislator summary

AI generated

The 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 generated

Art. 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.

Keywords

AI generated
unlawful prevention of acquisition preferential share price first day of sale cassation appeal dismissal private law damages

Cited Legislation

AI generated
Art. 471 i nast. k.c.
Art. 300 k.p.
Art. 24 ustawy o prywatyzacji przedsiębiorstw państwowych
Art. 363 § 2 in fine k.c.
Art. 393 KPC
Art. 100 KPC
Art. 102 KPC

Cited Case Law

AI generated

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