Decision ID: 000424

In April 1995 the 1971 Fund Executive Committee decided that, since it was unlikely that the Swedish courts would set aside the ‘pay to be paid’ rule in the P&I insurer’s rules, the Fund should not take legal action against the insurer in Sweden to recover the amounts paid by the Fund in compensation.

Date: 31.03.1995
Categories: Financial limits, limitation proceedings and indemnification, Legal actions
Subjects: Shipowner's right of limitation of liability, Shipowner's right of limitation liability