Decision ID: 000796

In October 1997 the 1971 Fund Executive Committee, noting that in the light of the findings of the investigation into the cause of the incident the Fund’s lawyer had taken the view that the liability for the collision should be apportioned equally between the two vessels involved, and further noting that it had been ascertained that the owner of the other vessel (a tug) had no assets against which a judgement in a recourse action could be enforced, decided that the Fund should not take recourse action against the tug owner.