Decision ID: 000534

In December 1995 the 1971 Fund Executive Committee noted a request filed by a lawyer representing a large number of claimants that the Penal Court in La Coruña should order the Fund to constitute a “fund” with the Court by paying the total amount payable under the 1969 Civil Liability Convention and the 1971 Fund Convention (60 million SDR) into the Court so that it would be available for distribution by the Court. The Committee decided that the Fund should oppose the request, since there was no basis for the establishment of such a ‘fund’ in the 1971 Fund Convention.

Date: 01.12.1995
Category: Financial limits, limitation proceedings and indemnification
Subject: Requests for the Fund to deposit a fund in court