Decision ID: 000695

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: Maximum aggregate amount payable under the Conventions in accordance with Article 4.4 of the 1971 and 1992 Fund Conventions

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