Decision ID: 000658

In October 1996 the 1971 Fund considered a request by the Spanish Government that, in view of the large difference between the calculation of the losses made on the basis of the Court judgement and the amounts assessed by the Fund’s experts, additional payments be made to claimants in the fishery sector. The Committee noted that the evidence provided so far had not enabled the Fund’s experts to increase their estimate of the losses, and bearing in mind that the Fund had appealed against the method of assessment laid down in the judgement, the Committee decided that no further payments could be made at that stage.

Date: 30.09.1996
Category: Pure economic loss (fisheries and mariculture)
Subject: Assessment of quantum