Decision ID: 000088

In September 1983 the 1971 Fund Executive Committee endorsed the Director’s view that payment of indemnification by the Fund had to be made to the person that actually established the limitation fund if claims for indemnification were made by both the shipowner and the shipowner’s insurer.

Date: 31.08.1983
Category: Financial limits, limitation proceedings and indemnification
Subject: Indemnification of the shipowner under Article 5.1 of the 1971 Fund Convention