Decision ID: 000575

In February 1996 the 1971 Fund Executive Committee, in a private session at which only representatives of 1971 Fund Member States were present, decided to uphold its previous decision not to challenge the shipowner’s right to limit liability, since no new information had become available to indicate that the Fund’s prospect of a successful recovery had increased.

Date: 01.02.1996
Categories: Financial limits, limitation proceedings and indemnification, Legal actions
Subjects: Shipowner's right of limitation of liability, Shipowner's right of limitation liability