Supreme Court dismissed appeal; Art. 169 Banking Law applies only to board members active at interim management appointment date.

The Supreme Court dismissed the cassation appeal filed by Witold K. against a lower court ruling awarding him compensation for a non-compete agreement. The plaintiff argued that Article 169 of the Banking Law should strip him of rights to bonuses earned after his removal from the board, which preceded the appointment of the interim management. The Court rejected this, holding that the provision strictly applies only to board members holding office at the exact moment the interim management was established. Consequently, the Court ruled that individuals removed earlier, even if they contributed to the situation leading to interim management, do not fall under this specific statutory restriction.