Decision ID: 001150
In October 2000 the 1971 Fund Administrative Council, noting that the 1971 Fund had commenced legal action against the individual who owned the tug Falcon 1, the tug that was towing the Pontoon 300 at the time of the incident, and the company which owned the cargo carried by the Pontoon 300, instructed the Director to continue his considerations relating to the recourse action against the owner of the tug and in particular whether, given the low limitation figure, there was any likelihood of the 1971 Fund being able to break the limit of liability applicable to the Falcon 1.