II PK 238/04
AI generated
Shareholder damages claim dismissed for failure to prove loss from share conversion refusal.
Poland (PL)
Legislator summary
AI generatedThe Supreme Court dismissed the shareholders' appeal and the defendant's cassation regarding a refusal to convert bearer shares to registered shares. The court found that the company's refusal was lawful because the conversion involved different share series, which legally requires a statutory amendment. Crucially, the court ruled that the plaintiffs suffered no financial loss or personal damage due to this non-performance.
Legislator headnote
AI generatedArt. 416 k.c.; Art. 345 § 2 k.h.: A refusal to convert bearer shares of one series to registered shares of another series does not constitute a tortious act if the shareholder suffers no damage as a result.
Keywords
AI generated
share conversion refusal
bearer to registered shares
different share series
statutory amendment requirement
tort liability absence
no damage suffered
corporate law liability
Cited Legislation
AI generatedArt. 416 k.c.
Art. 345 § 2 k.h.
Art. 4 pkt 1 Prawa o publicznym obrocie papierami wartościowymi
Art. 393 § 15 k.p.c.
art. 416 k.c
art. 415 k.c
art. 322 k.p.c
art. 233 § 1 k.p.c
art. 334 § 2 k.s.h
art. 39315 k.p.c