Decision ID: 000828

In October 1997 the 1971 Fund Executive Committee decided that, in the light of the findings of the criminal court that the master of the vessel had navigated through a prohibited area and had failed to exercise due care, there were no grounds for the Fund to oppose the shipowner’s right to limit his liability, nor for refusing indemnification under Article 5.1 of the 1971 Fund Convention.

Date: 30.09.1997
Categories: Financial limits, limitation proceedings and indemnification, Legal actions
Subjects: Indemnification of the shipowner under Article 5.1 of the 1971 Fund Convention, Shipowner's right of limitation of liability, Investigations into the cause of incidents, Shipowner's right of limitation liability