Legislator Case Law & Legislation
II UKN 54/01 AI generated

Supreme Court dismissed claim for profit bonus payment interest due to privatization withdrawal condition.

Case Number II UKN 54/01
Court / Authority
Jurisdiction Poland (PL)
Decision Date
Outcome Dismissed

Legislator summary

AI generated

The Supreme Court dismissed the cassation appeal filed by former employees against a company regarding unpaid profit bonus interest. The plaintiffs argued that inflation rendered the 1998 payments insufficient, while the company contended the debt was not due until privatization occurred. The court ruled that the bonus remained conditional on the privatization withdrawal, meaning no delay existed to justify interest claims.

Legislator headnote

AI generated

Ustawa o komercjalizacji i prywatyzacji; art. 3581 § 3 k.c. - If a profit bonus distribution is conditional on a specific event like privatization withdrawal, the claim for interest does not mature until that condition is met, precluding inflation-based interest claims prior to the event.

Keywords

AI generated
profit bonus distribution privatization withdrawal condition interest claim dismissal conditional debt maturity inflation adjustment denial

Cited Legislation

AI generated
art. 3581 § 3 k.c.
art. 63 ust. 2 k.p.c.
art. 77 ustawy z dnia 30 sierpnia 1996 r. o komercjalizacji i prywatyzacji
art. 108 § 1 k.p.c.
art. 393 § 1 k.p.c.

Cited Case Law

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