Legislator Giurisprudenza & Legislazione
KKO 1795/1998 Generato dall'IA

Supreme Court dismisses claim for damages against guarantor for security granted without cause.

Numero d'incarto KKO 1795/1998
Autorità giudiziaria
Giurisdizione Finlandia (FI)
Data della decisione
Esito del giudizio Respinto (Dismissed)

Sintesi Legislator

Generato dall'IA

The Supreme Court dismissed the guarantor's claim for damages arising from a security granted without cause. The guarantor argued that the security was invalid due to the lack of a valid underlying debt, while the creditor maintained the security remained valid until formally revoked. The court ruled that the guarantor bears no liability for damages resulting from the security's existence when the underlying claim was never established, as the security itself did not constitute a wrongful act requiring compensation.

Regesto Legislator

Generato dall'IA

Security Act 1993, Chapter 10, Section 1; Security Act 1993, Chapter 10, Section 2: A guarantor is not liable for damages to the creditor if the security was granted without a valid underlying claim, provided the security was subsequently revoked or the claim was never established.

Parole chiave

Generato dall'IA
guarantor liability security without cause damages claim underlying debt security revocation conseguenze economiche caso di rigore economico principio dell'offerta sufficiente

Disposizioni normative citate

Generato dall'IA
Security Act 1993, Chapter 10, Section 1
Security Act 1993, Chapter 10, Section 2
Generato dall'IA

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