Decision ID: 000694

B2, In February 1997 the 1971 Fund Executive Committee endorsed the Director’s view that if a global settlement were to be concluded and became binding on all parties, the 1971 Fund should withdraw its appeal to the Supreme Court of Cassation against the Court of Appeal’s judgement on the method of conversion of (gold) francs into national currency.

Date: 01.02.1997
Category: Financial limits, limitation proceedings and indemnification
Subject: Limitation proceedings, subrogated claims and distribution of the shipowner's limitation fund under Article V of the 1969 and 1992 Civil Liability Conventions