Decision ID: 000569

In February 1996 the 1971 Fund Executive Committee, whilst noting the legal opinion that in the case of on-going losses from reduced catches the Court would most likely award a lump sum, decided nevertheless to maintain, at least for the time being, its policy of assessing such losses as and when they arose.

Date: 01.02.1996
Categories: Pure economic loss (general), Consequential economic loss, Compensation payments, Pure economic loss (fisheries and mariculture)
Subjects: Compensation for future losses, Compensation for future losses, Compensation for future losses, Compensation for future losses