Supreme Court dismissed appeal; inheritance of preferential share rights requires prior acquisition or valid expectation under privatization law.
Poland (PL)
Legislator summary
AI generatedThe Supreme Court dismissed the cassation appeal filed by a widow seeking compensation for her deceased husband's unacquired preferential share rights. The lower courts found that the husband, who died before privatization, never exercised his right to purchase shares nor did he meet the specific criteria for a valid expectation of such a right. Consequently, the court held that these rights did not enter the estate and could not be inherited under the relevant privatization statutes.
Legislator headnote
AI generatedArt. 24 ust. 1 ustawy z dnia 13 lipca 1990 r. o prywatyzacji przedsiębiorstw państwowych; Art. 30 ust. 1 ustawy z dnia 30 sierpnia 1996 r. o komercjalizacji i prywatyzacji przedsiębiorstw państwowych: The right to inherit preferential share acquisition rights or the expectation thereof transforms into a right to free acquisition only if the original right was acquired or the expectation criteria were met prior to privatization.