The neo-Nazi organisation Pohjoinen perinne (or 'Nordic Tradition' in English), a registered association of the Nordic Resistance Movement (Finnish acronym PVL), has been declared bankrupt by Pirkanmaa District Court on Monday.
A request for bankruptcy was filed by lawyer Kaarle Gummerus, who was appointed as the association's liquidator in mid-December.
Finland’s Supreme Court upheld on appeal a decision to ban the neo-Nazi Nordic Resistance Movement in September.
According to the Supreme Court, the association operated in violation of the law and accepted principles of morality. In its ruling, the court supported the 2018 view of the Turku Appeals Court that the association should be shut down for the general good of society, because of its violent acts and militia-like structure.
Gummerus said in his bankruptcy application that the debts of Pohjoinen Perinne were greater than the assets, and no property or assets were transferred to him at any point, leaving the filing for bankruptcy as the only viable option.
Since the association has been ordered to be wound up by a final judgment and a liquidator has been appointed, the District Court considered it to be in liquidation. Therefore, according to the District Court, the conditions for bankruptcy were sufficiently met.
The District Court further ordered the bankruptcy trustee to take over the estate's assets and take other actions required by law.