Decision ID: 000383

In October 1994 the 1971 Fund Executive Committee decided to postpone its consideration of whether and, if so, the extent to which the Fund was exonerated from its obligation under Article 5.1 of the Fund Convention to indemnify the shipowner and his insurer for a portion of the limitation amount prescrived under Article V.1 of the Civil Liability Convention.

Date: 30.09.1994
Category: Financial limits, limitation proceedings and indemnification
Subject: Indemnification of the shipowner under Article 5.1 of the 1971 Fund Convention