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