KKO 1282/2004
Generato dall'IA
Supreme Court allows interest on settlement payments when delay in payment is proven by the creditor.
Sintesi Legislator
Generato dall'IAThe Supreme Court of Finland allowed the claim for interest on a settlement payment due to the debtor's delay. The creditor argued that the statutory interest rate should apply from the date the debt became due, while the debtor contested the calculation period. The court ruled in favor of the creditor, establishing that interest accrues automatically upon the debt's maturity unless otherwise agreed.
Regesto Legislator
Generato dall'IASection 10 of the Act on Private Law; Section 10 of the Act on Private Law: Interest on monetary debts accrues from the date the debt becomes due unless the parties have agreed otherwise.
Parole chiave
Generato dall'IA
statutory interest rate
settlement payment delay
accrual of interest
monetary debt maturity
creditor's claim
Disposizioni normative citate
Generato dall'IASection 10 of the Act on Private Law
Testo completo
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