Decision ID: 001108

In April 2000 the 1971 Fund Administrative Council instructed the Director to pursue the discussions with the Spanish Government on the issues relating to time bar and distribution of liabilities between the Spanish State and the shipowner/insurer/1971 Fund. The Council also instructed the Director to explore with the Spanish Government the elements of a global settlement and, if appropriate, present a proposal to this effect for consideration at the Assembly’s or Council’s session in October 2000.

Date: 31.03.2000
Category: Compensation payments
Subject: Global settlements