Supreme Court rules business liquidation rent is a debt regardless of termination type under Section 27 of the Business Liquidation Act.
Sintesi Legislator
Generato dall'IAThe Supreme Court ruled that rent payable under Section 27(1) of the Business Liquidation Act constitutes a debt independent of the specific termination procedure. The appellant argued that rent was only a debt if the termination was due to business failure, while the opposing party contended it was always a debt. The court decided that the statute mandates rent as a debt regardless of the termination method to ensure creditor protection during liquidation.
Regesto Legislator
Generato dall'IASection 27(1) of the Business Liquidation Act; Section 27(4) of the Business Liquidation Act; Section 32(1) of the Business Liquidation Act: Rent payable under Section 27(1) of the Business Liquidation Act is a debt regardless of the type of termination.
Parole chiave
Generato dall'IADisposizioni normative citate
Generato dall'IADecisioni correlate
Generato dall'IATesto completo
Kysymys siitä, oliko yrityssaneerauslain 27 §:n 1 momentin tarkoittamalta irtisanomisajalta maksettava vuokra saneerausvelkaa vai menettelystä riippumatta maksettavaa velkaa.
Ks. KKO:1997:54
YSL 27 § 1 mom
YSL 27 § 4 mom
YSL 32 § 1 mom