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IV CSK 418/20 AI generated

Supreme Court dismisses investor fund lawsuit against directors for breach of fiduciary duty claims.

Case Number IV CSK 418/20
Court / Authority
Jurisdiction Poland (PL)
Outcome Dismissed
Open official source Machine-readable Markdown (.md)

Legislator summary

AI generated

The Supreme Court of Poland dismissed the cassation appeal filed by a non-standardized closed investment fund against its directors. The fund alleged breaches of fiduciary duties and unauthorized asset transfers, while the directors argued their actions were lawful and within their mandate. The court rejected the claims, finding no evidence of fault or violation of statutory obligations by the defendants.

Legislator headnote

AI generated

Art. 418 § 1 k.p.c.; Art. 419 § 1 k.p.c.: The cassation court rejects the appeal when the lower court's decision is legally sound and the appellant fails to demonstrate a violation of substantive or procedural law.

Keywords

AI generated
cassation appeal investment fund fiduciary duty breach of mandate supreme court dismissal of appeal civil procedure

Cited Legislation

AI generated
Art. 418 § 1 k.p.c.
Art. 419 § 1 k.p.c.

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Full text

Sygn. akt IV CSK 418/20 POSTANOWIENIE Dnia 12 lutego 2021 r.Sąd Najwyższy w składzie: SSN Paweł Grzegorczyk w sprawie z powództwa (…) Niestandaryzowanego Sekurytyzacyjnego Funduszu Inwestycyjnego Zamkniętego w W.‎przeciwko G. B., A. R. i D. R.‎o zapłatę,‎na posiedzeniu niejawnym w Izbie Cywilnej w dniu 12 lutego 2021 r.,‎na skutek skargi kasacyjnej strony powodowej od wyroku Sądu Apelacyjnego w (…)‎z dnia 25 lutego 2020 r., sygn. akt I ACa (…), odmawia przyjęcia skargi kasacyjnej do rozpoznania.