Konkurslag

Pesänhoitajan must compensate damage caused intentionally or negligently in performing duties, and the company on whose behalf the work is done is jointly liable for that damage.

This section says that settlement of damages and how liability is shared among multiple liable persons are governed by the Damages Act.

Vahingonkorvauksen sovittelusta ja vastuun jakautumisesta useamman korvausvelvollisen kesken sovelletaan vahingonkorvauslain säännöksiä.

For settlement of damages and allocation of liability among multiple liable parties, this section says the rules in the Tort Liability Act apply.

Tässä kohdassa todetaan, että vahingonkorvauksen sovittelu ja vastuun jakautuminen useamman korvausvelvollisen kesken määräytyvät vahingonkorvauslain mukaan.

This section says that rules on adjusting compensation and sharing liability among multiple liable parties are governed by the Tort Liability Act.

This section says that compensation adjustment and sharing liability among multiple liable parties are governed by the Tort Liability Act.

A bankruptcy creditor must compensate damage it intentionally or through gross negligence causes by participating in conduct that violates the law’s provisions.

The right to damages under sections 1 and 2 expires according to the limitation rules in the Act on Limitation of Debts (728/2003).

The right to claim damages under sections 1 and 2 expires according to the limitation rules in the Debt Limitation Act.

A claim for compensation under sections 1 and 2 expires according to the Act on Limitation of Debts (728/2003).

A claim for the damages referred to in sections 1 and 2 expires in the way provided by the Debt Limitation Act.

The right to claim damages under sections 1 and 2 expires under the limitations rules in the Act on the Limitation of Debts (728/2003).

A claim for damages under sections 1 and 2 becomes time-barred under the Limitation of Debts Act (728/2003).

A debtor must compensate the bankruptcy estate or a creditor for damage caused if the debtor has materially failed to comply with the cooperation duty in this Act.

A bankruptcy settlement may be confirmed if the voting and payment conditions are met, and it does not limit the rights of an opposing pledge creditor.

A bankruptcy settlement may be confirmed only if the debtor and creditors meeting the voting thresholds support it, non-consenting creditors receive at least the same distribution share as in continued bankruptcy, and the estate debts are paid or secured.

A bankruptcy settlement may be confirmed if the required creditor support, equal treatment for non-consenting creditors, and payment or secure provision for bankruptcy estate debts are met.

A bankruptcy settlement may be confirmed if the debtor and enough creditors support it, dissenting creditors get at least the same share they would have received in continued bankruptcy, and the bankruptcy estate’s debts are paid or secured.

Konkurssissa voidaan vahvistaa sovinto vain, jos vaaditut velkojien äänivaltakannat täyttyvät, velkojille turvataan vähintään sama jako-osuus kuin jatketussa menettelyssä, ja konkurssipesän velat on maksettu tai turvattu.

A bankruptcy settlement can be confirmed only if the voting and payment conditions are met, and the trustee’s assessment must be attached to the settlement document.

This section says that settlement of damage compensation and the division of liability among multiple liable persons are governed by the Damages Act (412/1974).

A creditor may ask the court to decide whether the settlement-based distribution share matches the final distribution share.

A creditor may ask the court to decide whether a settlement-based distribution share matches the final distribution share, and the creditor must file the request within one month after learning of the settlement.

A creditor covered by the referenced rule must submit a claim within one month after learning of the compromise. The court must decide the distribution-share question on the creditor’s request, hear the debtor, and the decision may be appealed separately.

Velkoja voi vaatia tuomioistuinta ratkaisemaan, vastaako sovinnon perusteella maksettava jako-osuus lopullista jako-osuutta, ja vaatimus on tehtävä kuukauden kuluessa tiedon saamisesta.

A creditor may ask the court to decide whether the settlement-based distribution share matches the final distribution share, and the creditor must file the request within one month of learning about the settlement.

A creditor covered by the referenced rule may ask the court to decide whether the settlement-based distribution share matches the final share, and must file that request within one month after receiving notice of the settlement.

The right to damages compensation under sections 1 and 2 becomes time-barred under the Act on the Limitation of Debts (728/2003).

Tuomioistuimen on velallisen hakemuksesta vahvistettava sovinto, jos laissa säädetyt edellytykset täyttyvät eikä määräaikainen vaatimus ole tehty.

The court must confirm a settlement on the debtor’s application if the stated conditions are met and no section 2 claim was filed in time.

Tuomioistuimen on velallisen hakemuksesta vahvistettava sovinto, jos edellytykset täyttyvät eikä määräajassa ole esitetty tiettyä vaatimusta. Jos velkoja vastustaa ja sovinto loukkaa velkojien yhdenvertaisuutta tai on hänelle kohtuuton, sovintoa ei voida vahvistaa.

The court must approve a settlement on the debtor’s request when the stated conditions are met and no timely opposing claim has been filed. If an opposing claim has been filed, the settlement matter is handled after that claim is finally resolved. The court may not approve the settlement on an objecting creditor’s request if the settlement breaches equal treatment of creditors or is otherwise unreasonable for that creditor.

Tuomioistuimen on velallisen hakemuksesta vahvistettava sovinto, jos lain edellytykset täyttyvät eikä määräajassa ole esitetty 2 §:n mukaista vaatimusta. Jos vaatimus on esitetty, asia käsitellään vasta myöhemmin. Sovintoa ei voida vahvistaa vastustavan velkojan vaatimuksesta, jos se loukkaa velkojien yhdenvertaisuutta tai on hänelle muutoin kohtuuton.

Tuomioistuimen on velallisen hakemuksesta vahvistettava sovinto, jos laissa säädetyt edellytykset täyttyvät eikä määräajassa ole esitetty vaatimusta. Jos vaatimus on tehty, asia käsitellään vasta kun jako-osuutta koskeva vaatimus on ratkaistu lainvoimaisesti.

Konkurssissa voidaan vahvistaa sovinto, jos laissa säädetyt äänivaatimukset ja velkojen maksua tai vakuutta koskeva ehto täyttyvät.

If the composition is confirmed, the bankruptcy proceedings end and the trustee’s control and the creditors’ decision-making power in the bankruptcy cease.

Sovinnon vahvistaminen päättää konkurssimenettelyn, ja pesänhoitajan määräys sekä velkojien päätösvalta konkurssissa lakkaavat.

When a composition is confirmed, the bankruptcy proceedings end and the bankruptcy administrator’s appointment and creditors’ decision-making power cease.

Sovinnon vahvistaminen päättää konkurssimenettelyn ja lopettaa pesänhoitajan määräyksen sekä velkojien päätösvallan konkurssissa.

Confirming a settlement ends the bankruptcy proceeding and stops the bankruptcy administrator’s mandate and the creditors’ decision-making power.

If a settlement is confirmed, the bankruptcy proceeding ends and the trustee’s mandate and the creditors’ decision-making power in bankruptcy cease.

The creditor covered by section 1(1)(2) must ask the court to decide whether the settlement-based division share matches the final division share, and must file the request within one month of learning of the settlement.

Information entered in the bankruptcy matters register is available free of charge through the public internet.

Information entered in the bankruptcy register is available free of charge through the public internet.

Information entered in the bankruptcy case register is available free of charge through the public internet.

Register data on bankruptcy matters must be available free of charge via the public internet.

Konkurssiasioiden rekisteriin merkityt konkurssiasian käsittelytiedot ovat saatavissa maksutta yleisen tietoverkon kautta.

Information recorded in the bankruptcy matters register must be available to the public online free of charge.

The court must approve a settlement on the debtor’s application if the section 1 conditions are met and no section 2 claim was filed on time; if a claim was filed, the settlement matter is handled after the distribution-share claim is finally resolved.

The bankruptcy trustee must arrange publication of a notice about the start of bankruptcy and, in some cases, request publication abroad.

The estate administrator must arrange publication of the bankruptcy commencement notice, and must request publication abroad when required; the notice must also show the date and time of the bankruptcy order.

Pesänhoitajan on julkaistava konkurssin alkamista koskeva kuulutus, ja joissakin tilanteissa pyydettävä sen julkaisemista ulkomailla.

Pesänhoitajan on julkaistava konkurssin alkamista koskeva kuulutus ja tietyissä tilanteissa pyydettävä sen julkaisemista ulkomailla; kuulutuksessa on oltava konkurssiin asettamisen päivämäärä ja kellonaika.

Pesänhoitajan on huolehdittava konkurssin alkamista koskevan kuulutuksen julkaisemisesta, ja tietyissä tilanteissa hänen on pyydettävä sen julkaisemista ulkomailla.

The bankruptcy administrator must arrange publication of a bankruptcy notice and, in some cases, request publication abroad.

Confirming a compromise ends the bankruptcy proceeding and stops the trustee’s mandate and the creditors’ decision-making power in bankruptcy.

The court must notify the debtor and the relevant creditor about a bankruptcy decision, and if the debtor is placed in bankruptcy, the court must notify the estate administrator without delay. The estate administrator must notify creditors that the bankruptcy has started.

The court must notify the debtor and certain creditors of its bankruptcy decision, and if the debtor is declared bankrupt it must notify the trustee without delay. The trustee must notify creditors when bankruptcy begins, and notices to foreign creditors must follow Regulation (EU) 2015/848.

Court decisions in bankruptcy cases must be notified to the debtor and relevant creditor(s), and the administrator must notify creditors that bankruptcy has begun.

The court must notify the bankruptcy decision to the debtor and the creditor who filed or was heard in the case, and if the debtor is declared bankrupt, it must promptly notify the estate administrator. The administrator must notify creditors that bankruptcy has started.

Tuomioistuimen on ilmoitettava konkurssipäätöksestä velalliselle, hakijavelkojalle tai kuullulle velkojalle, ja konkurssissa päätös on ilmoitettava viipymättä pesänhoitajalle; pesänhoitajan on ilmoitettava konkurssin alkamisesta velkojille.

The court must notify the debtor and the relevant creditor of its bankruptcy decision, and if the debtor is declared bankrupt, it must notify the administrator promptly.

Information in the bankruptcy cases register is available free of charge through the general internet.

The bankruptcy estate administrator must notify the debtor and known creditors about bankruptcy supervision, and publish a notice in the Official Gazette when needed.

Pesänhoitajan on annettava konkurssivalvontaa koskeva ilmoitus velalliselle, tietyille velkojille ja ulkomaisille velkojille sekä tarvittaessa julkaistava kuulutus virallisessa lehdessä.

The bankruptcy administrator must send bankruptcy-notice information to the debtor and known creditors, and publish a notice in the Official Gazette when needed; the notice must state the hearing/verification date.

The bankruptcy trustee must send bankruptcy-notification notices to the debtor and known creditors, and must arrange publication of a notice in the Official Gazette when needed.

Pesänhoitajan on ilmoitettava konkurssivalvonnasta velalliselle ja tunnetuille velkojille sekä tarvittaessa julkaistava kuulutus virallisessa lehdessä.

Pesänhoitajan on toimitettava konkurssivalvontaa koskeva ilmoitus velalliselle ja tietyille velkojille sekä tarvittaessa julkaistava kuulutus virallisessa lehdessä.

The bankruptcy estate administrator must arrange publication of the bankruptcy notice, and may or must request publication abroad in some cases.

Court and bankruptcy administrator roles must notify relevant parties about certain bankruptcy cancellations and related outcomes.

Tuomioistuimen, pesänhoitajan tai julkisselvittäjän on tehtävä tietyt ilmoitukset konkurssin peruuntumisesta ja eräistä konkurssin päättymiseen liittyvistä asioista.

Court and insolvency officeholders must notify specified parties about bankruptcy cancellation and certain related bankruptcy decisions.

The court must notify certain parties when a bankruptcy lapses. The estate administrator must also notify creditors in some cases, and an estate administrator or public receiver must give court-ordered notices about annulment, lapse, composition, public liquidation, and restoration of administration.

The court and the bankruptcy estate administrator must notify specified parties about bankruptcy cancellation, and the estate administrator or liquidator must make court-ordered notices about certain bankruptcy and liquidation outcomes.

The court, bankruptcy administrator, or public liquidator must notify the debtor and creditors about certain bankruptcy cancellation or ending decisions.

The court must notify the debtor and certain creditors about the bankruptcy decision, and if the debtor is declared bankrupt it must notify the bankruptcy trustee promptly. The trustee must notify creditors when bankruptcy starts.

Tuomioistuimen ja Oikeusrekisterikeskuksen on viipymättä ilmoitettava tietyt konkurssiin ja lopputilitykseen liittyvät tiedot Patentti- ja rekisterihallitukselle kaupparekisteriä varten.

Courts must promptly send bankruptcy-related information to the Patent and Registration Office for entry in the trade register; the Finnish Legal Register Centre must also promptly send notice of approved final accounting.

The court must promptly send certain bankruptcy notices to the Finnish Patent and Registration Office for commercial register entry, and the Legal Register Centre must promptly forward notice of approval of the final accounting.

The court must promptly send bankruptcy-related information to the Finnish Patent and Registration Office for company-register entry, and the Legal Register Centre must also promptly send notice of final-account approval.

The court must promptly notify the Finnish Patent and Registration Office about bankruptcy-related changes for registration; the Legal Register Centre must also promptly send notice of approval of the final accounting.

The court must promptly send bankruptcy-related register information to the Finnish Patent and Registration Office; the Legal Register Centre must also promptly send notice of approval of the final accounting after receiving that notice.

Pesänhoitajan on ilmoitettava konkurssivalvonnasta velalliselle ja tunnetuille velkojille sekä tarvittaessa julkaistava kuulutus virallisessa lehdessä.

The bankruptcy administrator may send notices and documents by mail, electronic transfer, or sometimes by phone; creditors and the debtor may also send statements and notices to the administrator in the same way unless the administrator requests otherwise.

The receiver may send notices and documents by post, electronic transmission, or sometimes by phone; creditors and the debtor may also send statements, replies, and notices back in the same way unless the receiver asks otherwise.

Pesänhoitaja may give notices and documents using suitable methods, including electronic transfer, post, certain electronic systems, or by phone in limited cases.

The estate administrator may send notices and documents in several ways, including electronically, by post, by approved electronic systems, or by phone in some cases. Creditors and the debtor may also send statements and notices to the administrator by system upload, electronic transfer, or post.

The bankruptcy administrator may send notices and documents by suitable means, and creditors or the debtor may submit statements and notices to the administrator by the specified electronic, postal, or system-based methods.

Pesänhoitaja may send notices, summonses, other service documents, and documents by suitable means; creditors and the debtor may submit statements, replies, and notices to the trustee by system upload, electronic transfer, or post.

Tuomioistuimen, pesänhoitajan, and sometimes the liquidator, must notify the debtor and relevant creditors about certain bankruptcy-related events.

A message sent by electronic transmission is treated as received on time if it arrived in the manner set out in sections 10 and 11 of Act 13/2003.

A message sent electronically is treated as received on time if it has arrived as provided in sections 10 and 11 of the Act on Electronic Services and Communication in the Public Sector (13/2003).

Sähköisesti toimitettu asiakirja tai viesti katsotaan saapuneen määräajassa, jos se on saapunut sähköisestä asioinnista viranomaistoiminnassa annetun lain 10 ja 11 §:n mukaisesti.

Asiakirja tai sähköisesti toimitettu viesti katsotaan saapuneeksi määräajassa, jos se on tullut perille sähköisestä asioinnista viranomaistoiminnassa annetun lain 10 ja 11 §:n mukaisesti.

A document stored in the case management system or a message sent electronically is treated as received on time if it arrived as provided in sections 10 and 11 of Act 13/2003.

Sähköisesti toimitettu viesti tai järjestelmään tallennettu asiakirja katsotaan saapuneeksi vastaanottajalle määräajassa, jos se on saapunut lain 13/2003 10 ja 11 §:n mukaisesti.

The court must promptly send certain bankruptcy information to the Trade Register authority, and the Legal Register Centre must promptly send notice of approved final accounting.

This section defines “laaja konkurssipesä” (a broad bankruptcy estate) as a bankruptcy estate where at least two of three listed financial conditions are met when bankruptcy starts.

This provision defines when a bankruptcy estate is considered a “large bankruptcy estate.”

This provision defines a “large bankruptcy estate” as a bankruptcy estate of a debtor company or foundation that meets at least two of three financial or staffing thresholds at the start of bankruptcy.

This section defines a “broad bankruptcy estate” as one where at least two of three size conditions are met at the start of bankruptcy.

Laaja konkurssipesä tarkoittaa konkurssipesää, jossa konkurssivelallisena olevassa yhteisössä tai säätiössä on konkurssin alkaessa täyttynyt vähintään kaksi kolmesta laissa luetellusta taloudellisesta tai henkilöstöä koskevasta ehdosta.

This section defines a “large bankruptcy estate” as one where at least two of three financial or staffing thresholds are met at the start of bankruptcy.

The estate administrator may send notices and documents by suitable means, including post, electronic transmission, or sometimes phone. Creditors and the debtor may also send statements, replies, and notices to the administrator in the same way unless the administrator asks otherwise.

The trustee may charge for copying and delivering a document if it was provided at the debtor’s or creditor’s request and the costs are not ordinary.

Pesänhoitaja may charge for copying and delivering a document if it was requested by the debtor or creditor and the costs are not ordinary. Translation costs for a claim document may be deducted from the creditor’s distribution share if the document was filed in a language other than Finnish, Swedish, or English and the creditor did not provide a translation into any of those languages.

Pesänhoitaja may charge a fee for copying and delivering a document when the document was provided at the debtor’s or creditor’s request and the costs are not ordinary.

The estate administrator may charge for copying and delivering a document in certain non-ordinary-cost cases, and translation costs for a monitoring petition may be deducted from a creditor’s distribution share if the petition was filed in a language other than Finnish, Swedish, or English and no translation was provided.

Pesänhoitaja voi periä maksun asiakirjan jäljentämisestä ja toimittamisesta, kun velallinen tai velkoja on pyytänyt asiakirjaa ja kustannukset eivät ole tavanomaisia.

The estate administrator may charge a fee for copying and delivering a document if it was requested by the debtor or a creditor and the costs are not ordinary.

A message sent electronically is treated as received on time if it was received as provided in sections 10 and 11 of the Act on Electronic Services in Public Administration.

Koordinaattorin päätökseen voi hakea muutosta sille käräjäoikeudelle, joka on ratkaissut ryhmäkoordinointimenettelyn aloittamista koskevan hakemuksen.

Koordinaattorin tiettyyn päätökseen voi hakea muutosta käräjäoikeudelta, ja muutoksenhaku on tehtävä 30 päivän kuluessa tiedoksisaannista.

A coordinator’s decision in a group coordination proceeding may be appealed to the district court that decided the application to start the proceeding, and the appeal must be filed within 30 days of notice to the insolvency practitioner.

Selvittäjä voi hakea muutosta koordinaattorin päätökseen käräjäoikeudelta.

Koordinaattorin päätökseen voi hakea muutosta käräjäoikeudelta, joka ratkaisi ryhmäkoordinointimenettelyn aloitushakemuksen. Muutosta on haettava 30 päivän kuluessa tiedoksisaannista.

A coordinator’s decision may be appealed to the district court that decided the application to start the group coordination procedure, within 30 days of the administrator receiving notice.

When a court decides on bankruptcy, it must arrange for a notice of the start of bankruptcy to be published.

This section states when the law starts and that it repeals the earlier bankruptcy ordinance.

Laki tulee voimaan 1.9.2004 ja kumoaa vuoden 1868 konkurssisäännön myöhempine muutoksineen.

This section says the law enters into force on 1 September 2004 and repeals the 1868 bankruptcy statute, as later amended.

This provision says the law enters into force on 1 September 2004 and repeals the 1868 Bankruptcy Regulations, as amended.

This section says the law enters into force on 1 September 2004 and repeals the earlier bankruptcy regulation and its later amendments.

This section says the law takes effect on 1 September 2004 and repeals the older bankruptcy statute, as amended.

Tuomioistuimen on ilmoitettava konkurssipäätöksestä velalliselle ja tietyille velkojille, ja jos velallinen asetetaan konkurssiin, päätös on ilmoitettava viipymättä pesänhoitajalle. Pesänhoitajan on toimitettava kuulutuksesta ilmoitus velkojille.

This section sets transitional rules for applying the new bankruptcy law to cases around the time the law enters into force.

Tämä pykälä säätää, miten uusi konkurssilaki soveltuu jo vireillä oleviin ja ennen voimaantuloa alkaneisiin konkursseihin.

This section sets transitional rules for bankruptcy cases when the new law starts to apply, including when older law still governs some issues.

Siirtymäsäännökset määräävät, milloin uusi laki koskee konkurssia ja milloin vanhaa lakia käytetään vielä.

This section sets transitional rules for when the new bankruptcy law applies and which older rules still govern pending or pre-entry-into-force bankruptcies.

This section sets transition rules for applying the bankruptcy law to cases around the time the law entered into force.

Pesänhoitajan must publish a bankruptcy-supervision notice without delay, include the monitoring date, send notice of it to the debtor and certain creditors, and the court must provide the related information for entry in the notice register.

This section says older statutory references are read as references to the corresponding provision in this law, and it sets several commencement and transitional application rules.

If another law refers to an old bankruptcy rule or a repealed provision, the corresponding rule in this law applies.

This section says that earlier references to repealed bankruptcy rules are read as references to the matching rule in this law, and it lists commencement and transitional application dates.

If another rule refers to the repealed bankruptcy statute, this Act’s corresponding rule applies; references to a bankruptcy trustee or official receiver apply to the trustee under this Act, and references to the bankruptcy arrival date apply to the hearing date under chapter 12 section 5.

This section replaces references to repealed bankruptcy rules with the corresponding rules in this Act and contains multiple commencement and transitional application rules.

This section says that certain references in other laws are treated as references to the corresponding rule in this law, and it sets several commencement and transitional application rules.

The court must arrange publication of certain bankruptcy notices, and the debtor must pay the notice costs when publication is at the debtor’s request.

The estate administrator may send notices and documents by post, electronic transmission, or sometimes by phone. Creditors and the debtor may also send statements and notices to the administrator in the same way, unless the administrator requests otherwise.

A message delivered by an electronic transmission method is treated as received on time if it arrives as provided in sections 10 and 11 of the electronic services act (13/2003).

Rules on the bankruptcy matters register are provided separately.

This section defines a “large bankruptcy estate” as one where at least two of three financial or staffing thresholds are met at the start of bankruptcy.

The estate administrator may charge for copying and delivering a document when it was provided at a debtor’s or creditor’s request and the cost is not ordinary. Translation costs for a proof of claim may be deducted from a creditor’s distribution share if the filing was in another language and no translation into Finnish, Swedish, or English was provided.

Selvittäjän on haettava muutosta koordinaattorin päätökseen 30 päivän kuluessa tiedoksisaannista.

This section says the law takes effect on 1 September 2004 and repeals the earlier bankruptcy statute from 1868, as amended.

Tämä pykälä sisältää siirtymäsäännökset konkurssilain soveltamisesta lain voimaantulon ympärillä.

This section says that earlier references in other laws are read as references to the corresponding provisions of this law, and it sets transitional rules for when the law applies and which earlier provisions continue to apply in pending matters.