II PK 198/07
AI generated
Dividends are a separate profit from shares and constitute damage when shares are unlawfully withheld from heirs.
Poland (PL)
Legislator summary
AI generatedThe Supreme Court dismissed the State's cassation appeal against a lower court ruling awarding damages to heirs for withheld shares. The court held that dividends represent a distinct profit from the shares themselves, not merely a component of the share price. Consequently, the failure to issue shares deprived the heirs of both the shares and the dividends they would have earned, justifying full compensation.
Legislator headnote
AI generatedArt. 361 § 2 k.c.; Art. 398 § 13 k.p.c.; Dividends constitute a separate profit from shares and are not absorbed by their value; therefore, withholding shares unlawfully damages the holder's right to dividends, entitling them to full compensation for lost income.
Keywords
AI generated
dividends as separate profit
unlawful withholding of shares
heirs' rights to compensation
separate value of dividends
causal link in damages
Cited Legislation
AI generatedArt. 361 § 2 k.c.
Art. 398 § 13 k.p.c.
Art. 394 § 2 k.p.c.
Ustawa z dnia 30 sierpnia 1996 r. o komercjalizacji i prywatyzacji
art. 471 k.c
art. 361 § 2 k.c
art. 361 k.c
art. 328 § 2 k.p.c
art. 391 § 1 k.p.c
art. 3983 § 1 pkt 2 k.p.c
Cited Case Law
AI generateduchwała Sądu Najwyższy z 30 stycznia 2007 r., III CZP 130/06
postanowienie Sądu Najwyższy z 12 października 2007 r., IV CZ 28/07
I PK 272/02
Failure to promptly notify employees of rights to acquire shares justifies compensation for lost share entitlement.
I PK 574/02
Supreme Court dismissed cassation, holding that missing employment certificate did not forfeit share acquisition rights under privatization law.
I PK 75/03
I PK 291/03
Company formed from state privatization owes compensation for employee rights violation under Civil Code Art. 471.
III CZP 130/06
Supreme Court allows one lawyer's fee for multiple co-plaintiffs when they win a case together.