Decision ID: 000744

In April 1997 the 1971 Fund Executive Committee considered a claim by a trust acting for the owner of an island located in the entarnce to Milford Haven for losses allegedly suffered as a result of not having been able to sell the island, and a hotel located on it, at the price expected before the incident. The Committee noted that the island had been cleaned after the oil spill, that there was no remaining contamination of any significance, and that there was no indication that any permanent damage had been caused to the island. The Committee decided that the depreciation in value, if any, which would be of a psychological nature, should not be considered as damage caused by contamination and that claim should be rejected.

Date: 31.03.1997
Categories: Consequential economic loss, Property damage
Subjects: Admissibility criteria, Diminution in value of property due to pollution damage or damage caused by preventive measures, Specific claims considered by the governing bodies, Admissibility criteria, Diminution in value of property due to pollution damage or damage caused by preventive measures, Link of causation between the loss and the contamination, Specific claims considered by the governing bodies

Documents