Legislator Giurisprudenza & Legislazione
KKO 530/1997 Generato dall'IA

Supreme Court held that a surety's liability remains unchanged even if the creditor's claim against the co-surety is time-barred.

Numero d'incarto KKO 530/1997
Autorità giudiziaria
Giurisdizione Finlandia (FI)
Data della decisione
Esito del giudizio Accolto (Allowed)

Sintesi Legislator

Generato dall'IA

The Supreme Court ruled that a surety's liability does not diminish when the creditor's claim against a co-surety is declared time-barred. The creditor argued that the co-surety's time-barred defense should reduce the primary surety's obligation, while the surety contended their liability remained absolute. The court decided that the time-bar applies only to the specific co-surety and does not alter the primary surety's statutory liability under the relevant law.

Regesto Legislator

Generato dall'IA

Section 10 of the Act on the Liability of Sureties; A surety's liability remains unchanged and cannot be reduced by a time-bar defense raised by the creditor against a co-surety.

Parole chiave

Generato dall'IA
surety liability co-surety defense time-barred claim joint and several liability statutory suretyship divisione della previdenza mora parziale principio della continuità

Disposizioni normative citate

Generato dall'IA
Section 10 of the Act on the Liability of Sureties
Generato dall'IA

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