Decision ID: 000603

In June 1996 the 1971 Fund Executive Committee endorsed the Director’s intention to lodge opposition to a number of claims admitted by the judge in charge of the limitation proceedings, mainly in respect of the Italian Government’s claim for environmental damage, a claim for amounts paid in VAT to clean-up contractors, claims by various clean-up contractors whose tariffs were considered by the Fund to be excessive, unsubstantiated claims by the shipowner and his insurer and amounts awarded in respect of interest and devaluation on the basis of an official index relating to the cost of living.

Date: 31.05.1996
Categories: Financial limits, limitation proceedings and indemnification, Legal actions
Subjects: Limitation proceedings, subrogated claims and distribution of the shipowner's limitation fund under Article V of the 1969 and 1992 Civil Liability Conventions, Limitation proceedings, subrogated claims and distribution of the shipowner's limitation fund under Article V of the 1969 and 1992 Civil Liability Conventions

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