II PK 156/05 AI generated

Employee stock rights arise only upon privatization of the entire state enterprise, not the liquidation of a single branch.

Case Number II PK 156/05

Court / Authority Sąd Najwyższy

Jurisdiction

Poland (PL)

Decision Date 2006-02-03

Outcome Dismissed

Open official source Machine-readable Markdown (.md)

Legislator summary

AI generated

The Supreme Court dismissed the plaintiff's cassation appeal regarding compensation for lost shares and dividends after a state enterprise branch was liquidated. The plaintiff argued that specific individuals within the management caused the branch's closure and subsequent takeover, preventing her from acquiring shares in the new company. The court ruled that the statutory right to purchase shares under the Privatization Act applies exclusively to the privatization of the entire state enterprise, not to the liquidation of one of its many branches.

Legislator headnote

AI generated

art. 24 ust. 1 ustawy z dnia 13 lipca 1990 r. o prywatyzacji przedsiębiorstw państwowych; The right of employees to acquire shares in a company arises solely from the privatization of the entire state enterprise, not from the liquidation of a single branch.

Keywords

AI generated

employee stock rights state enterprise privatization branch liquidation cassation appeal dismissal labor law compensation

Cited Legislation

AI generated

art. 24 ust. 1 ustawy z dnia 13 lipca 1990 r. o prywatyzacji przedsiębiorstw państwowych

art. 1 ustawy z dnia 13 lipca 1990 r. o prywatyzacji przedsiębiorstw państwowych

art. 398 k.p.c.

art. 102 k.p.c.

art. 102 k.p.c

art. 231 k.p

art. 416 k.c

art. 233 § 1 k.p.c

art. 241 k.p.c

art. 236 k.p.c

Employee stock rights arise only upon privatization of the entire state enterprise, not the liquidation of a single branch.

Legislator summary

Legislator headnote

Keywords

Cited Legislation

Need to analyze how this precedent applies to your matter?

Full text