Decision ID: 000798

In October 1997 the 1971 Fund Executive Committee decided to postpone its decision as to whether the 1971 Fund should take recourse action against third parties until the Court of Appeal had rendered its judgement in respect of the action brought by the hull insurer against the owner of the tug which took part in the refloating and towing operation and the Korean Government, as employers of the naval vessel involved in the operation.