Decision ID: 001132

In October 2000 the 1971 Fund Administrative Council, noting that a provisional agreement had been reached between all parties as to the admissible quantum of all claims arising out of the incident except one, took the view that litigation in respect of the issues of distribution of liabilities and time bar would be very protracted, and instructed the Director to continue discussions with the Spanish Government for the purpose of reaching an agreement on a global settlement to be submitted for consideration to the Assembly at its next session.

Date: 30.09.2000
Category: Time bar provisions
Subject: Interpretation/application of the time-bar provisions in Article VIII of the 1969 and 1992 Civil Liability Conventions and Article 6 of the 1971 and 1992 Fund Conventions