Lunastettava

Lunastettava refers to a concept in Finnish law that translates to "recoverable" or "claimable." It is a legal term used to describe debts or claims that can be enforced through legal means. In the context of Finnish law, lunastettava typically pertains to financial obligations that are owed by one party to another, such as unpaid invoices, loans, or other financial liabilities. The term is often used in the context of corporate law, where it may refer to the assets of a company that can be seized to satisfy a creditor's claim.

The concept of lunastettava is closely related to the principles of insolvency and bankruptcy law. When a company or individual becomes insolvent, their assets may be subject to lunastettava, meaning they can be legally claimed and recovered by creditors. This process is governed by specific legal procedures and regulations to ensure fairness and transparency in the resolution of financial obligations.

In summary, lunastettava is a crucial term in Finnish legal terminology that refers to debts or claims that can be enforced through legal means. It plays a significant role in the administration of insolvency and bankruptcy proceedings, ensuring that creditors' rights are protected and that financial obligations are resolved in a structured and fair manner.